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Ivanhoe Corporation has municipal bonds classified as a held - to - maturity at December 3 1 , 2 0 2 5 . These bonds
Ivanhoe Corporation has municipal bonds classified as a heldtomaturity at December These bonds have a par value of $ an amortized cost of $ and a fair value of $ The company believes that impairment accounting is now appropriate for these bonds. a Prepare the journal entry to recognize the impairment. List debit entry before credit entry. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter O for the amounts. Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts Attempts: unlimited b c
Ivanhoe Corporation has municipal bonds classified as a heldtomaturity at December These bonds have a par value of $ an amortized cost of $ and a fair value of $ The company believes that impairment accounting is now appropriate for these bonds.
a
Prepare the journal entry to recognize the impairment. List debit entry before credit entry. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter O for the amounts.
Account Titles and Explanation
Debit
Credit
eTextbook and Media
List of Accounts
Attempts: unlimited
b
c
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