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    Financial Accounting Study Set 17
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    Exam 14: Investments
  5. Question
    Bond Investments Are Long-Term Assets That Earn Interest Revenue,while Bonds
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Bond Investments Are Long-Term Assets That Earn Interest Revenue,while Bonds

Question 30

Question 30

True/False

Bond investments are long-term assets that earn interest revenue,while bonds payable are long-term liabilities that incur interest expense.

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