Why would there be a gain or loss on the sale of a bond investment?

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Accounting

ISBN: 978-0324662962

23rd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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Question Posted: Dec 11, 2011 05:12 AM

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Why would there be a gain or loss on the sale of a bond investment?

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A gain or loss can occur when the fair value of the bond upon sale ...View the full answer

Accounting

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