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In a troubled debt restructuring in which the debt is continued with modified terms and the carrying amount of the debt is less than the

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In a troubled debt restructuring in which the debt is continued with modified terms and the carrying amount of the debt is less than the total future cash flows, the creditor should singthe crnffive rat f the loan O calculate its loss using the historical effective rate of the loan compute a new effective-interest rate. O not recognize a loss

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