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Acquire debt - PowerPoint PPT Presentation

BONDS PAYABLE

BONDS PAYABLE. ARE AN OBLIGATION TO PAY A FIXED AMOUNT OF INTEREST AND PRINCIPLE FOR A FIXED PERIOD OF TIME. BONDS PRESENTED ON BALANCE SHEET. IF PAYMENT IS DUE MORE THAN ONE YEAR FROM NOW OBLIGATION IS PRESENTED ON THE BALANCE SHEET UNDER LONG TERM OBLIGATIONS AT NET PRESENT VALUE

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Acquire debt - PowerPoint PPT Presentation

BONDS PAYABLE