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Webster's Entry at June 30, 2012, to Record the First

Question 3

Multiple Choice

Webster's entry at June 30, 2012, to record the first semiannual payment of interest and amortization of discount on the bonds includes a:


A) Debit to Bond Interest Expense of $30,000.
B) Credit to Cash of $33,000.
C) Debit to Discount on Bonds Payable of $3,000.
D) Debit to Bond Interest Expense of $33,000.

Correct Answer:

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