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  3. Study Set
    Fundamental Accounting Principles Study Set 8
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    Exam 14: Bonds and Long-Term Notes Payable
  5. Question
    The Discount on Bonds Payable Account Is
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The Discount on Bonds Payable Account Is

Question 86

Question 86

Multiple Choice

The Discount on Bonds Payable account is:


A) A contra equity.
B) A contra liability.
C) A contra expense.
D) An expense.
E) A liability.

Correct Answer:

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