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On September 30, 2016, Illusions, Inc

Question 51

Multiple Choice

On September 30, 2016, Illusions, Inc. recorded their semi-annual bond interest expense that contained a credit to Discount on bonds payable of $1,800. The adjusting entry on December 31, 2016 will show a credit to Discount on bonds payable of: (Round your final answer to the nearest dollar.)


A) $1,800
B) $900
C) $338
D) $450

Correct Answer:

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