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1.If a company chooses the fair value option, an increase in the fair value of the liability is recorded by debiting (chapter 14 a. Bonds
1.If a company chooses the fair value option, an increase in the fair value of the liability is recorded by debiting (chapter 14
a. Bonds Payable.
b. Unrealized Holding Loss.
c. Gain on Restructuring of Debt.
d. Unrealized Holding Gain.
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