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If bonds have been issued at a discount, then over the life of the bonds
the
Question 18
Ervay Company has $875,000 of bonds outstanding. The unamortized
premium is $12,600. If the company redeemed the bonds at 101, what
would be the gain or loss on the redemption?
Question 19
The relationship between current assets and current liabilities is
Question 20
Match the items below by entering the appropriate code letter in the
space provided.
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ACC 556 Chapter 12 Quiz (100% Score)

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Chapter 12 Quiz
Question 1
The statement of cash flows is a required statement that must be
prepared along with an income statement, balance sheet, and retained
earnings statement.
Question 2
The activity from the balance sheet to be presented in the financing
activities section of the statement of cash flows is based on an analysis