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On the bond issue date, what effect does the bond issue transaction have on the company's assets, liabilities and shareholders' equity? Select one: a. None
On the bond issue date, what effect does the bond issue transaction have on the company's assets, liabilities and shareholders' equity? Select one: a. None of the available choices b. Liabilities increase and shareholders' equity decreases. Assets stay the same. c. Assets and shareholders' equity increase. Liabilities stay the same. o d. Assets and liabilities increase. Shareholders' equity stays the same
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