Question:Hanes Company sells debt investments costing $26,000 for $28,000, plus accured interest that has been recorded. In journalizing the sale, credits are to: 

A Debt Investment and Loss on Sales of Debet Investments. 
B Debt Investment, Gain on Sales of Debt Investment and Bond Inerest Receivable. 
C Stock Investment and Bond Interest Receivable. 
D No correct answer given. 

+ Answer
B 

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Md. Saydul Alam

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