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  3. Study Set
    Intermediate Accounting Reporting and Analysis Study Set 1
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    Exam 14: Financing Liabilities: Bonds and Long-Term Notes Payable
  5. Question
    The Market Value Method for Recording Bond Conversion to Common
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The Market Value Method for Recording Bond Conversion to Common

Question 111

Question 111

True/False

The market value method for recording bond conversion to common stock results in no gain or loss at the time of conversion.

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