Discount on Bonds Payable

Discount on Bonds Payable - d. increases over the term of...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Discount on Bonds Payable: a. has a credit balance. b. is a contra account . c. is added to bonds payable on the balance sheet.
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: d. increases over the term of the bonds....
View Full Document

This note was uploaded on 01/04/2012 for the course ACCOUNTING ac 201 taught by Professor - during the Spring '11 term at Montgomery.

Ask a homework question - tutors are online