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    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 20: Corporations and Bonds Payable
  5. Question
    Discount on Bonds Payable Is A
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Discount on Bonds Payable Is A

Question 114

Question 114

Multiple Choice

Discount on Bonds Payable is a:


A) contra-asset account.
B) contra-liability account.
C) contra-equity account.
D) None of these answers are correct.

Correct Answer:

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