Interest revenue on bonds is reported as Group of answer choices an addition to the investment in bonds account part of comprehensive income but not as part of net income part of Other Revenue (Loss) part of income from operations
Interest revenue on bonds is reported as Group of answer choices an addition to the investment in bonds account part of comprehensive income but not as part of net income part of Other Revenue (Loss) part of income from operations
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter14: Financing Liabilities: Bonds And Long-term Notes Payable
Section: Chapter Questions
Problem 7MC
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Interest revenue on bonds is reported as
Group of answer choices
an addition to the investment in bonds account
part of comprehensive income but not as part of net income
part of Other Revenue (Loss)
part of income from operations
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