menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting Information for Decisions Study Set 3
  4. Exam
    Exam 10: Reporting and Analyzing Long-Term Liabilities
  5. Question
    The Premium on Bonds Payable Account Is A(n)
Solved

The Premium on Bonds Payable Account Is A(n)

Question 18

Question 18

Multiple Choice

The Premium on Bonds Payable account is a(n) :


A) Revenue account.
B) Adjunct liability account.
C) Contra revenue account.
D) Contra asset account.
E) Equity account.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q14: A company borrowed cash from the bank

Q19: Describe the recording procedures for the issuance,

Q20: A bond with a par value of

Q22: A lessee has substantially all of the

Q65: A contract pledging title to assets as

Q107: An advantage of lease financing is the

Q141: Describe installment notes and the nature of

Q165: Bond market values are expressed as a

Q203: A company has 10%, 20-year bonds outstanding

Q212: _ bonds can be exchanged for a

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines