Becker Technologies invests $50,000 to acquire $50,000 face value, 8%, five-year corporate bonds on January 2, 2012
The bonds will mature on January 2, 2017. The bonds pay interest semiannually on January 2 and July 2 each year until maturity. When Becker Technologies receives interest payments, how is the accounting equation affected?
A) assets will decrease
B) total assets will remain unchanged
C) liabilities will decrease
D) equity will increase
D
Business
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Indicate whether the statement is true or false
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