The Journal Entry a Company Records for the Interest Payment

question 126

Multiple Choice

The journal entry a company records for the interest payment and amortization of bond discount is

• A) debit Interest Expense, credit Cash and Discount on Bonds Payable
• B) debit Interest Expense, credit Cash
• C) debit Interest Expense and Discount on Bonds Payable, credit Cash
• D) debit Interest Expense, credit Interest Payable and Discount on Bonds Payable

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Definitions:

Drug Therapy Outcomes

The results or effects of using pharmacological treatments to address diseases or conditions, evaluating the efficacy and safety of the medication.

Mental Hospitals

Health facilities specially designed for the treatment and care of individuals with psychiatric disorders, providing a range of mental health services.

Electroconvulsive Therapy

A psychiatric treatment in which electric currents are passed through the brain, intentionally triggering a brief seizure, to treat severe mental disorders.

Drug Therapy

The treatment of a disease or condition with medication.