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Business, 04.07.2020 14:01 ggfh5699

Megginson, Inc. issued a five-year corporate bond of $300,000 with a 5% interest rate for $290,000. What effect would the bond issuance have on Megginson, Inc.'s accounting equation

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Megginson, Inc. issued a five-year corporate bond of $300,000 with a 5% interest rate for $290,000....

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