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    Principles of Financial Accounting Study Set 1
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    Exam 15: Non-Current Liabilities
  5. Question
    When a Bond Is Retired, a Gain Is Recorded When
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When a Bond Is Retired, a Gain Is Recorded When

Question 119

Question 119

True/False

When a bond is retired, a gain is recorded when the cash paid is less than the amortized cost.

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