IIA
IIA-CFSA · Question #357
IIA-CFSA Question #357: Real Exam Question with Answer & Explanation
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Question
The "discount on bonds payable" account is __________when a bound sells at discount. The "premium on bond payable" is ____________ when a bond sells a premium.
Options
- ACredited, debited
- BDebited, credited
- CAccrued, debited
- DDeferred, debit
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