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    Exam 14: Long-Term Liabilities
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    When Bonds Are Retired at Maturity,assuming the Last Interest Payment
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When Bonds Are Retired at Maturity,assuming the Last Interest Payment

Question 188

Question 188

True/False

When bonds are retired at maturity,assuming the last interest payment has already been recorded,the journal entry includes a debit to the Bonds Payable account and a credit to the Cash account.

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