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Author Question: A corporation is a business that is legally separate and distinct from its owners. a. True b. ... (Read 85 times)

azncindy619

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on: Jul 6, 2018
A corporation is a business that is legally separate and distinct from its owners.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

A government has 3,000,000 of 6, 10-year general obligation bonds outstanding. The bonds were issued on November 1, 20X8 to finance construction of a general capital asset. Interest is payable semiannually on October 31 and April 30 .
 
  What amount of debt service expenditures should the government report for the year ended December 31, 20X8?
  a. 0
  b. 30,000
  c. 90,000
  d. 180,000


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mochi09

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Reply #1 on: Jul 6, 2018
Answer to Question 1

True

Answer to Question 2

A


azncindy619

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Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)

meganmoser117

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Reply 3 on: Yesterday
Excellent

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