When retiring a bond early: Multiple Choice The issuing company will always report a non-operating loss on retirement O the bond is retired for a repurchase price less than its book value a gain on retirement is recorded. GAAP has been violated If the bond is retired for a repurchase price less than its book value a loss on retirement is recorded. Which of the following is not source of corporate debt financing? Multiple Choice Bonds Payable Installment Notes Payable. Leases Payable All of the choices are considered debt financing The acquisition of treasury stock by a corporation: Multiple Choice Increases its total assets and total stockholders' equity. Requires that a gain or loss be recognized on the income statement when it is reissued. Decreases its total assets and total stockholders' equity Has no effect on total assets and total stockholders' equity