If a Bond Is Redeemed Before Maturity, the Journal Entry

question 111

True/False

If a bond is redeemed before maturity, the journal entry to record the redemption will debit the bond payable and debit any unamortized discount.

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Definitions:

Watson

John B. Watson, an American psychologist who established the psychological school of behaviorism.

Early Behaviourists

Psychologists or researchers in the early 20th century who focused on observable behaviors rather than internal processes, founding behaviorism.

Watson

John B. Watson, an American psychologist, established the psychological school of behaviorism, emphasizing the study of observable behavior.

Environmentalists

Individuals or groups who are concerned with the protection of the environment and advocate for practices that minimize harm to ecosystems.