Multiple Choice
The balance in the Debentures payable account is a credit of $50 000. The balance in the Discount on debentures payable account is a debit of $1 500. How much is the debenture carrying amount?
A) $50 000
B) $48 500
C) $51 500
D) $1 500
Correct Answer:
Verified
Correct Answer:
Verified
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