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  3. Study Set
    Intermediate Accounting Study Set 5
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    Exam 3: The Balance Sheet and Notes to the Financial Statements
  5. Question
    Investment Securities Held for the Purpose of Retiring Bonds Should
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Investment Securities Held for the Purpose of Retiring Bonds Should

Question 46

Question 46

Multiple Choice

Investment securities held for the purpose of retiring bonds should be classified on a balance sheet as


A) investments.
B) current assets.
C) deferred bond liability.
D) intangible assets.

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