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q10.....11 pls answer both pls Question 10 1 points Gulf Company issued bonds with a par value of $500,000 for cash of $530,000. What is
q10.....11 pls answer both pls
Question 10 1 points Gulf Company issued bonds with a par value of $500,000 for cash of $530,000. What is the account's name and type representing the difference between par value and issue price? O A Abond premium, an adjunct account B. A bond discount, a contra equity account OC. A bond premium, a contra asset account OD. A bond discount a contra liability account Question 11 Preferred stockholders have the following rights EXCEPT: O A. voting rights. B. the priority over common stock in dividend distribution. OC a stated dividend rate O D. the right to sell their stock on the marketStep by Step Solution
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