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A Bond Was Issued at Par

Question 110

Multiple Choice

A bond was issued at par.The journal entry to record payment of this bond payable at maturity will include a:


A) debit to Bonds Payable,credit to Discount on Bonds Payable and a credit to Cash.
B) debit to Cash and a credit to Bonds Payable.
C) debit to Bonds Payable and a credit to Cash.
D) debit to Bonds Payable,debit to Discount on Bonds Payable and a credit to Cash.

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