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    Exam 10: Liabilities
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    The Discount on Bonds Payable Account Is
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The Discount on Bonds Payable Account Is

Question 91

Question 91

Multiple Choice

The Discount on Bonds Payable account is:


A) a contra account to Bonds Payable.
B) a miscellaneous revenue account.
C) an expense account.
D) expensed only at the bond's maturity.

Correct Answer:

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