Which of the Following Is TRUE of a Discount on Bonds

question 130

Multiple Choice

Which of the following is TRUE of a discount on bonds payable?

• A) A discount on bonds payable is added to the bonds payable balance and shown with long-term liabilities on the balance sheet.
• B) A discount on bonds payable is subtracted from the bonds payable balance and shown with the current liabilities on the balance sheet.
• C) A discount on bonds payable is added to the bonds payable balance and shown with owner's equity on the balance sheet.
• D) A discount on bonds payable is subtracted from the bonds payable balance and shown with long-term liabilities on the balance sheet.

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Definitions:

Psychological Research Laboratory

A controlled environment where scientists conduct studies relevant to psychology.

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A publication that features articles, research results, and studies in the field of psychology.

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Refers to the direct, unmediated interaction or encounter with phenomena in the present moment.