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  3. Study Set
    College Accounting
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    Exam 20: Corporations and Bonds Payable
  5. Question
    For a Corporation,bond Interest
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For a Corporation,bond Interest

Question 117

Question 117

Multiple Choice

For a corporation,bond interest:


A) is treated the same as dividends for tax purposes.
B) has no effect on earnings and therefore has no effect on income taxes.
C) reduces income tax by reducing earnings.
D) None of the above.

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