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bond premium Question: Subject-Financial Accounting Into which accounts should amortization flow? a) Bonds payable and cash b) Interest expense and bonds payable c) Premium on bonds and cash d) Interest payable and premium

bond premium Question: Subject-Financial Accounting Into which accounts should amortization flow? a) Bonds payable and cash b) Interest expense and bonds payable c) Premium on bonds and cash d) Interest payable and premium

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter13: Investments And Long-term Receivables
Section: Chapter Questions
Problem 9GI
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bond premium Question: Subject-Financial Accounting Into which accounts should amortization flow? a) Bonds payable and cash b) Interest expense and bonds payable c) Premium on bonds and cash d) Interest payable and premium
Transcribed Image Text:bond premium Question: Subject-Financial Accounting Into which accounts should amortization flow? a) Bonds payable and cash b) Interest expense and bonds payable c) Premium on bonds and cash d) Interest payable and premium
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