Question
When recording a retirement of bonds, a company must account for all of the following EXCEPT the removal of the bond from the company's accounting
When recording a retirement of bonds, a company must account for all of the following EXCEPT
| the removal of the bond from the company's accounting records. | ||
| the payment of cash to the bondholders. | ||
| the receipt of cash from the bondholders. | ||
| the recognition of any gain or loss on redemption. |
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Rehabilitation Tax Credit IRS Audit Techniques Guide
Authors: Internal Revenue Service
1st Edition
1304114686, 978-1304114686
