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Other Fields Homework Help Accounting Topic started by: H3Ko on Aug 29, 2016



Title: When a company collects the face value of a long-term investment in bonds at maturity, ________.
Post by: H3Ko on Aug 29, 2016
When a company collects the face value of a long-term investment in bonds at maturity, ________.
A) both assets and liabilities of the firm increase
B) total assets and equity of the firm remains unchanged
C) both assets and equity of the firm increase
D) liabilities decrease and equity increases


Title: Re: When a company collects the face value of a long-term investment in bonds at maturity, ...
Post by: Tanks on Aug 29, 2016
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Title: Re: When a company collects the face value of a long-term investment in bonds at maturity, ________.
Post by: H3Ko on Oct 12, 2016
YES! Can't believe I got this one right. Appreciate the confirmation