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The entry to amortize a bond premium would include a __________ to __________. a. debit; Premium on Bonds Payable b. credit; Premium on Bonds Payable c. debit; Interest Expense d. debit; Cash
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11 votes
11 votes
The entry to amortize a bond premium would include a __________ to __________.

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

User Jayendra Sharan
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2 Answers

3 votes
3 votes

Answer:

a. debit; Premium on Bonds Payable

Step-by-step explanation:

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User Shehzad
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7 votes
7 votes

The entry to amortize a bond premium would include a debit to Premium on Bonds Payable.

Hope that helps!

User Rob Ellenbroek
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