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Which of the following accounting problems does not involve a present value calc

ID: 2380810 • Letter: W

Question

Which of the following accounting problems does not involve a present value calculation?

Answer

The determination of the market price of a bond.

The determination of the declining-balance depreciation expense.

The determination of the amount to report for long-term notes payable.

The determination of the amount to report for lease liability.

a.

The determination of the market price of a bond.

b.

The determination of the declining-balance depreciation expense.

c.

The determination of the amount to report for long-term notes payable.

d.

The determination of the amount to report for lease liability.

Explanation / Answer

The determination of the amount to report for long-term notes payable

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