Business, 18.04.2020 02:06 Dweath50

The discount on a bond payable becomes

A. a reduction in interest expense the year the bonds mature.
B. a liability in the year the bonds are sold.
C. a reduction in interest expense over the life of the bonds.
D. additional interest expense the year the bonds are sold.
E. additional interest expense over the life of the bonds.

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The discount on a bond payable becomes

A. a reduction in interest expense the year the...

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