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  3. when bonds are sold. the gain or loss on sale is t

When bonds are sold. the gain or loss on sale is the difference between the:...

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Accounting

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When bonds are sold. the gain or loss on sale is the difference between the: a. sales price and the cost of the bonds. b. net proceeds and the cost of the bonds. c. sales price and the market value of the bonds. d. net proceeds and the market value of the bonds. The of accounting for an investment in the common stock of another company should be used by the investor when the investment: a. is composed of common stock and it is the investors intent to vote the common stock. b. ensures a source of supply of raw materials for the investor company. c. enables the investor company to exercise significant influence (but not total control) over the investee. d. is obtained by an exchange of (investor company) stock for stock of the company being invested in

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