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Home Q & A Board Other Fields Homework Help Business Accounting
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abu ali abu ali
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5 years ago
If a financial instrument is an equity instrument in substance, but its legal form is debt,
any periodic payments made to investors will be accrued on the companys financial
statements as interest expense.
[True or False?]
Textbook 
Intermediate Accounting, Volume 2

Intermediate Accounting, Volume 2


Edition: 5th
Authors:
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Prenella10Prenella10
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5 years ago
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abu a. Author
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5 years ago
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