Question: 1. Accounts Payable is generally listed first under longterm debt. True or false 2.When a company issues bonds, what are they doing? A.The company is

1. Accounts Payable is generally listed first under longterm debt. True or false

2.When a company issues bonds, what are they doing?

A.The company is loaning money to third parties.

B.The company is selling part of itself.

C.The company is borrowing money from third parties.

D.The company is guaranteeing the products they sell.

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