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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 7: Accounting for Liabilities
  5. Question
    Discount on Bonds Payable Is a Contra-________ Account
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Discount on Bonds Payable Is a Contra-________ Account

Question 177

Question 177

Multiple Choice

Discount on bonds payable is a contra-________ account.


A) asset
B) equity
C) liability
D) revenue

Correct Answer:

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