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On May 1, 2017, Bridgeport Industries AG issued CHF158,700, 11%, 5-year bonds at face value. The bonds were dated May 1, 2017, and pay interest
On May 1, 2017, Bridgeport Industries AG issued CHF158,700, 11%, 5-year bonds at face value. The bonds were dated May 1, 2017, and pay interest annually on May 1. Financial statements are prepared annually on December 31.
BRIDGEPORT INDUSTRIES AG Statement of Financial Position December 31, 2017 X Total Liabilities X X Gain on Bond Redempti 11638 CHFI X Total Assets X X Cash 158700 CHFStep by Step Solution
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