The cash and securities that make up the sinking fund established for the payment of bonds at

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The cash and securities that make up the sinking fund established for the payment of bonds at ma¬ turity are classified on the balance sheet as:

A. current assets C. long-temi liabilities B. investments D. current liabilities AppendixLO1

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Financial Accounting

ISBN: 9780324188035

9th Edition

Authors: Dr Carl S. Warren, Dr James M. Reeve, Philip E. Fess

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