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  3. Study Set
    Fundamental Accounting Principles
  4. Exam
    Exam 6: Bonds and Long-Term Notes Payable
  5. Question
    The Discount on Bonds Payable Account Is
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The Discount on Bonds Payable Account Is

Question 126

Question 126

Multiple Choice

The Discount on Bonds Payable account is


A) A liability
B) A contra expense
C) An expense
D) A contra liability
E) A contra equity

Correct Answer:

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