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Why are bonds treated as retired during the consolidation process? What theoretical justification is used to support this accounting treatment?

Why are bonds treated as retired during the consolidation process? What theoretical justification is used to support this accounting treatment?

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Bonds are treated as retired during consolidation process in order to secure long term fund as they present intercompany... View the full answer

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Why are bonds treated as retired during the consolidation process? What theoretical justification is used to support this... View the full answer

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