Question:What did APB 14-1 issued in 2008 do to the accounting rules related to convertible debt? 

A Restricted companies' abilities to issue convertible debt 
B Made rules regarding the accounting of convertible debt less restrictive 
C Laid down the requirement that companies account for the debt and equity components of convertible debt separately 
D Forced companies to convert all debt 

+ Answer
D 

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Md. Habib Ullah

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