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Williams Company disposes of a $500,000 bond it has invested in a maturity. Assuming all interest has been paid and recorded, the entry to record the disposal of the bond is: O Held-to-Maturity Debt Investments Cash O Cash Held-to-Maturity Debt Investments O Cash Equity Investments O Equity Investments Cash 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000

Williams Company disposes of a $500,000 bond it has invested in a maturity. Assuming all interest has been paid and recorded, the entry to record the disposal of the bond is: O Held-to-Maturity Debt Investments Cash O Cash Held-to-Maturity Debt Investments O Cash Equity Investments O Equity Investments Cash 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Williams Company disposes of a $500,000 bond it has invested in a maturity. Assuming all interest has been paid and recorded, the entry to record the disposal of the bond is: Held-to-Maturity Debt Investments Cash Cash Held-to-Maturity Debt Investments Cash Equity Investments Equity Investments Cash 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000
Transcribed Image Text:Williams Company disposes of a $500,000 bond it has invested in a maturity. Assuming all interest has been paid and recorded, the entry to record the disposal of the bond is: Held-to-Maturity Debt Investments Cash Cash Held-to-Maturity Debt Investments Cash Equity Investments Equity Investments Cash 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000
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