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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 Payabl…

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 Payabl…
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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

User Gokcand
by
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2 Answers

2 votes

Answer:

b. credit; Discount on Bonds Payable

Step-by-step explanation

User Steven Richards
by
8.2k points
6 votes
B. Credit; discount on bonds payable
User Vitaly Menchikovsky
by
7.9k points
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