Gains and losses on the redemption of bonds are reported as Other income or Other expense on the income statement.

Name: Gains and losses on the redemption of bonds are reported as Other income or Other expense on the income statement.
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Gains and losses on redemption of bonds are reported as Other income or Other expense on the income statement, depending on whether there was a gain or loss on the redemption.

Gains and Losses on the Redemption of Bonds Are Reported