21. XTiat is the recommended accounting treatment for bond restructurings effected as: (a) An asset sw^ap? (b)

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21. \XTiat is the recommended accounting treatment for bond restructurings effected as:

(a) An asset sw^ap?

(b) An equit)' s^ap?

(c) A modification of terms?

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Intermediate Accounting

ISBN: 9780324013078

14th Edition

Authors: Fred Skousen, James Stice, Earl Kay Stice

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