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5. Logan made a $90,000 interest-free loan to his son, Christian, who used the money to retire a mortgage on his personal residence and to
5. Logan made a $90,000 interest-free loan to his son, Christian, who used the money to retire a mortgage on his personal residence and to buy a certificate of deposit. Logan's only income for the yea...
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
