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  3. 3. a gain on sale of a debt investment is the exce

3. A gain on sale of a debt investment is the excess of the selling...

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Question

Accounting

3. A gain on sale of a debt investment is the excess of the selling price over the bonds

a.

market price
b.

fair value
c.

face value
d.

book value

Answer & Explanation Solved by verified expert
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