Q:

How to figure gain on retirement of bond. Parent issues bond for 10M at 1.06. Sub buys 40% at 96.6. after 3 yr step 4 - investment in s

belongs to book: ADVANCED ACCOUNTING|Debra C.jeter, Paul K.Chaney|7th edition| Chapter number:6| Question number:9

Ibrahimhamm

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2022-07-06

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Ibrahimhamm

2022-07-06

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3,840,000 (amount paid)
8,000 Idiscount)
= 3,840,000

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