Why does a gain or loss result from the sale of a bond investment?

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Accounting Volume 2

ISBN: 978-0176509743

2nd Canadian edition

Authors: James Reeve, Jonathan Duchac, Sheila Elworthy, Carl S. Warren

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Question Posted: Dec 15, 2017 08:28 AM

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Why does a gain or loss result from 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 Volume 2

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