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Stan free company sells debt investments costing 26000 for

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Stan Free Company sells debt investments costing $26,000 for $28,000 plus accrued interest that has been recorded. In journalizing the sale, credits are:

(a) Debt Investments and Loss on Sale of Debt Investments.

(b) Debt Investments, Gain on Sale of Debt Investments, and Bond Interest Receivable.

(c) Stock Investments and Bond Interest Receivable.

(d) The correct answer is not given.

Reference no: EM13483945

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