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  3. Study Set
    Fundamental Accounting Principles
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    Exam 6: Bonds and Long-Term Notes Payable
  5. Question
    Tab Skates Ltd Issued $100,000 Worth of 5-Year,7% Bonds and Received
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Tab Skates Ltd Issued $100,000 Worth of 5-Year,7% Bonds and Received

Question 123

Question 123

True/False

Tab Skates Ltd issued $100,000 worth of 5-year,7% bonds and received proceeds of $96,909.The total bond discount would be $10,091.

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