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    Exam 15: Specimen Financial Statements: Pepsico, Inc
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    When Investments in Bonds Are Sold, Any Difference Between the Sales
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When Investments in Bonds Are Sold, Any Difference Between the Sales

Question 170

Question 170

True/False

When investments in bonds are sold, any difference between the sales price and the fair value of the bonds is recorded as a gain or loss.

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