How Will a Premium on Bonds Payable Account Appear on the Balance

question 145

Multiple Choice

How will a premium on bonds payable account appear on the balance sheet?

• A) increase to a long-term liability
• B) revenue
• C) long-term asset
• D) contra-liability

---

Definitions:

Receiver

In communication, the party who receives and interprets a message sent from a sender.

Source

A company or person who has information to convey during the communication process.

Channel of Communication

Refers to the medium through which a message is transmitted from sender to receiver.

Public Relations Tools

Public relations tools are instruments and methods used to manage and enhance the public image of an individual, organization, or product.