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Hanes Company sells debt investments costing $26,000 for $28,000. In journalizing the sale, credits are to O Debt Investments and Loss on Sale of Debt

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Hanes Company sells debt investments costing $26,000 for $28,000. In journalizing the sale, credits are to O Debt Investments and Loss on Sale of Debt Investments O Debt Investments and Gain on Sale of Debt Investments O Stock Investments and Gain on Sale of Investments O None of the answer choices is correct. Ques

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