Multiple Choice
On October 31,2014,Aspen Inc.recorded their semi-annual bond interest expense that contained a credit to Discount on bonds payable of $1,200.The adjusting entry on December 31,2014 will show a credit to Discount on bonds payable of:
A) $1,200.
B) $800.
C) $600.
D) $400.
Correct Answer:
Verified
Correct Answer:
Verified
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