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An instrument classified as available-for-sale was purchased for $300000, when the market interest rate was 6%. The instrument coupon was 8%, and its par value
An instrument classified as "available-for-sale" was purchased for $300000, when the market interest rate was 6%. The instrument coupon was 8%, and its par value was $250000. Its fair value at year-end was $335000. How will the unrealised gain be recognised during the year
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Design And Maintenance Of Accounting Manuals
Authors: Harry L. Brown
3rd Edition
0471253685, 978-0471253686
