If There Is a Loss on Bonds Redeemed Early,it Is

question 14

Multiple Choice

If there is a loss on bonds redeemed early,it is

• A)debited directly to Retained Earnings.
• B)reported as "Other Expense" on the income statement.
• C)reported as part of profit from operations on the income statement.
• D)debited to Interest Expense,as a cost of financing.

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