Bond sinking fund earnings are (a) subtracted from the bond sinking fund. (b) added to the bond

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Bond sinking fund earnings are

(a) subtracted from the bond sinking fund.

(b) added to the bond sinking fund.

(c) subtracted from the current year interest expense.

(d) added to the current year interest expense.

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College Accounting Chapters 1-15

ISBN: 12

19th Edition

Authors: James A Heintz, Robert W Parry

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