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Accounting Question
quik_nash
Feb 15, 2006, 10:05 AM
Bond interest paid is a deductible business expense. Dividends paid to Stockholders are not deductible business expenses. True or False
CaptainForest
Feb 15, 2006, 12:13 PM
TRUE
Bonds is an expense.
Dividends are just dividing the profits, therefore NOT an expense.