ANSWERS TO QUESTIONS

Accrued interest on notes payable. Installments—due next year. 8% First mortgage bonds to be redeemed in 2007. Inventory of finished goods. Inventory of work in process. CA 5-2 (Continued) Borderline cases that have been classified on the basis of assumptions are: 1. Notes receivable are assumed to be collectible within one year or the ... ................
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