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On January 1,2012,Davie Services issued $20,000 of 8% bonds that mature in five years.They were sold at discount,for a total of $19,000.On January 1,2017,when the bonds mature,Davie Services will make the final principal payment.That entry will be which of the following?
Stakeholder Theory
A framework for organizational management that emphasizes considering the interests of all parties affected by business decisions, not just shareholders.
Kantian Theory
A moral philosophy asserting that decisions should be based on whether the action would be acceptable as a universal law and respecting individuals as ends in themselves.
Deontological Theory
A moral philosophy where the morality of an action is based on its adherence to rules or duties, rather than the consequences of the action.
Utilitarian Theory
A normative ethical theory that suggests that the best action is the one that maximizes utility, often defined as maximizing happiness and reducing suffering.
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