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    Exam 14: Long-Term Liabilities: Bonds and Notes
  5. Question
    Sinking Fund Income Is Reported in the Income Statement as
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Sinking Fund Income Is Reported in the Income Statement as

Question 106

Question 106

Multiple Choice

Sinking Fund Income is reported in the income statement as


A) income from operations
B) extraordinary
C) gain on sinking fund transactions
D) other income

Correct Answer:

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