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    Financial Accounting Study Set 10
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    Exam 9: Liabilities
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    The Normal Balance of the Discount on the Bonds Payable
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The Normal Balance of the Discount on the Bonds Payable

Question 20

Question 20

Multiple Choice

The normal balance of the discount on the bonds payable account and the premium on the bonds payable account are respectively:


A) debit, credit.
B) credit, credit.
C) debit, debit.
D) credit, debit.

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