Multiple Choice
Trego's entry at June 30, 2012, to record the first semiannual payment of interest and amortization of discount/premium on the bonds includes a:
A) Debit to Bond Interest Expense of $20,000.
B) Credit to Cash of $22,000.
C) Credit to Premium on Bonds Payable of $2,000.
D) Debit to Bond Interest Expense of $22,000.
Correct Answer:
Verified
Correct Answer:
Verified
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