Solved

The Balance in the Debentures Payable Account Is a Credit

Question 79

Multiple Choice

The balance in the Debentures payable account is a credit of $67,000.The balance in the Discount on debentures payable account is a debit of $2150.How much is the debentures' carrying amount?


A) $2150
B) $67,000
C) $69,150
D) $64,850

Correct Answer:

verifed

Verified

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

Related Questions