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Smith Company disposes of a bond it has invested in at maturity. Assuming all interest has been paid and recorded, the entry to record the
Smith Company disposes of a bond it has invested in at maturity. Assuming all interest has been paid and recorded, the entry to record the disposal of the bond is: O debit Cash; credit Held-to-Maturity Debt Investments credit! O debit Held-to-Maturity Debt Investments; credit Cash O debit Cash; credit Equity Investments O debit Equity Investments; credit Cash
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