Expanded version of the accounting equation
Problem:
An expanded version of the accounting equation could be:A + Rev = L + OE - ExpA - L = Paid-in Capital - Rev - ExpA + Exp = L + Beginning Paid-in Capital + RevA = L + Paid-in Capital - Rev + Exp
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An expanded version of the accounting equation could be: A + Rev = L + OE - Exp
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Question: When a company issues a bond at a discount:
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