Any gains or losses on the sale of bonds normally would be reported in the Other revenue (loss) section of the income statement.
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Q2: When a corporation owns less than 20%
Q7: To record a bond investment made between
Q9: Most companies invest excess cash in bonds
Q11: Accounting for the sale of stock is
Q13: The investor carrying an investment by the
Q16: Ordinarily, a corporation owning a significant portion
Q17: If the proceeds from the sale of
Q18: The corporation owning all or a majority
Q20: An equity investment in less than 20%
Q29: When bonds held as long-term investments are
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