Any gain or loss recognized from the early retirement of bonds should be reported on the income statement for the period in which the bonds were retired.

Name: Any gain or loss recognized from the early retirement of bonds should be reported on the income statement for the period in which the bonds were retired.
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Any gain or loss recognized from the early retirement of bonds should be reported on the income statement for the period in which the bonds were retired according to accounting standards.

Any Gain or Loss Recognized from the Early Retirement of Bonds