Financial & Managerial Accounting, Loose-Leaf Version
Financial & Managerial Accounting, Loose-Leaf Version
14th Edition
ISBN: 9781337270700
Author: Carl S. Warren, James M. Reeve, Jonathan Duchac
Publisher: South-Western College Pub
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Chapter 11, Problem 11.1TIF
To determine

Long-term debt: This is a financial or lease obligation, owed by a company, which have a maturity of more than 12-month period.

To discuss: The ethical issues related to the issue of long-term bonds, without disclosing the plans of additional issue of long-term bonds.

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Financial & Managerial Accounting, Loose-Leaf Version

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