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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

User Olaf
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2 Answers

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10 votes

Answer:

a. debit; Premium on Bonds Payable

Step-by-step explanation:

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

Hope that helps!

User Pjcabrera
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