The entry to record the proceeds upon issuing an

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10) The entry to record the proceeds upon issuing an interest-bearing note is a. Interest Expense Cash Notes Payable b. Cash Notes Payable c. Notes Payable Cash d. Cash Notes Payable Interest Payable 11) Under the corporate form of business organization 12) The concept of an "artificial being" refers to which form of business organization? 13) Financing activities involve 14) Each of the following is an example of a significant noncash activity except a. conversion of bonds into common stock. b. exchanges of plant assets. c. issuance of debt to purchase assets. d. stock dividends. 15) In a service-type business, revenue is considered earned
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  • Spring '12
  • ALL
  • gross margin, detailed inventory records, Hank's Sport Shop

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