Question: Long term liabilities Requirement 6: Please explain how a gain or loss on a bond redemption is computed? Requirement 7: When a note is issued
Long term liabilities

Requirement 6: Please explain how a gain or loss on a bond redemption is computed? Requirement 7: When a note is issued for property, goods, or services, what value is the note recorded at if the presumption that the stated interest rate is fair is not true
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