On January 1, Year 1, Williams Corporation issued ( $ 200,000 ) of callable bonds...
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Accounting
On January 1, Year 1, Williams Corporation issued ( $ 200,000 ) of callable bonds at face value. The bonds carried a ( 2 % ) call premium. If Williams calls the bonds, how would this event affect the company's accounting equation? Multiple Choice Decrease stockholders' equity by ( $ 4,000 ). Decrease liabilities by ( $ 200,000 ). Decrease assets by ( $ 204,000 ). All of these answer choices are correct.
On January 1 , Year 1 , Walams Corporation issued $200,000 of callable bonds at face value. The bonds carried a 27, call promium, if waliamis calls the bonds, how would this event affect the company's accounting equation? Multiple Choice Decrease stockholders' equity by $4,000 Decrease lisbities by $200,000. Decrease assets by $204,000 All of these answer choices are correct
On January 1, Year 1, Williams Corporation issued ( $ 200,000 ) of callable bonds at face value. The bonds carried a ( 2 % ) call premium. If Williams calls the bonds, how would this event affect the company's accounting equation? Multiple Choice Decrease stockholders' equity by ( $ 4,000 ). Decrease liabilities by ( $ 200,000 ). Decrease assets by ( $ 204,000 ). All of these answer choices are correct.

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