menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting Study Set 10
  4. Exam
    Exam 9: Liabilities
  5. Question
    In the Balance Sheet, the Account, Discount on Bonds Payable
Solved

In the Balance Sheet, the Account, Discount on Bonds Payable

Question 39

Question 39

Multiple Choice

In the balance sheet, the account, Discount on Bonds Payable, is:


A) added to bonds payable.
B) deducted from bonds payable.
C) classified as a stockholders' equity account.
D) classified as a revenue account.

Correct Answer:

verifed

Verified

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

Related Questions

Q34: Using the straight-line amortization method, if bonds

Q36: East-West Airlines is planning on leasing an

Q37: David Corporation issued $100,000, 5-year bonds at

Q38: Diagnostic Corporation is considering two plans for

Q40: All of the following are advantages of

Q41: The future value is always more than

Q42: All contingent liabilities should be reported on

Q43: The straight-line amortization method keeps interest expense

Q44: On December 1, Goliath Corporation borrowed $10,000

Q81: Over the term of the bonds,the balance

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