Answered: What does the disclosure note for debt…

Business

Accounting

What does the disclosure note for debt includes?

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter7: Types And Costs Of Financial Capital

Section: Chapter Questions

Problem 12DQ

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What does the disclosure note for debt includes?

Expert Solution

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Debt securities: The financial instruments which are bought by investors, or corporations, or mutual funds, are referred to as debt securities. The companies issue debt securities to raise capital for the purposes of purchasing assets or paying debts.

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