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    Business
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    Financial Accounting
  4. Exam
    Exam 9: Current Liabilities and Long-Term Debt
  5. Question
    Discount on Bonds Payable and Premium on Bonds Payable Are
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Discount on Bonds Payable and Premium on Bonds Payable Are

Question 106

Question 106

Multiple Choice

Discount on bonds payable and Premium on bonds payable are examples of:


A) contra-accounts.
B) companion accounts.
C) estimated accounts.
D) equity accounts.

Correct Answer:

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