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    Exam 14: Long-Term Liabilities: Bonds and Notes
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    At 12/31/2009, the Cash and Securities Held in a Sinking
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At 12/31/2009, the Cash and Securities Held in a Sinking

Question 35

Question 35

True/False

At 12/31/2009, the cash and securities held in a sinking fund to redeem bonds in 2011 are classified on the balance sheet as current assets.

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