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Unformatted text preview: please be specific. Balance sheet long term liabilities section 1050 bonds payable 7. On what date does the bond issue mature? Feb 28 2009 (marc 1 09 also acceptable Q5 On January 1 2007, P corporation purchased a long term investment 5000 shares of the outstanding common stock of S comporation at $30 per share. During 2007, the following events occurred. 1. Give the journal entry for P corporation to record the investment on jan 1 2007 Q6 Satori, Inc. reported the following info for 2004 and 2003 Compute the net cash flow from operating activities for 2004 under the indirect method....
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- Summer '07