The journal entry to record the amortization of a bond discount would include a __________ to __________. a. debit; Discount on Bonds Payable b. credit; Discount on Bonds Payable c. credit; Interest Expense

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asked May 11, 2023 186k views

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The journal entry to record the amortization of a bond discount would include a __________ to __________.

a. debit; Discount on Bonds Payable
b. credit; Discount on Bonds Payable
c. credit; Interest Expense
d. debit; Cash

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Gokcand asked

by Gokcand

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2 Answers

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Answer:

b. credit; Discount on Bonds Payable

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Steven Richards answered May 13, 2023

by Steven Richards

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6 votes

B. Credit; discount on bonds payable

Vitaly Menchikovsky answered May 14, 2023

by Vitaly Menchikovsky

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