Discount on Bonds Payable is classified as a contra-liability account.

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College Accounting Chapters 1-26

ISBN: 9780395796993

6th Edition

Authors: Douglas J. McQuaig, Patricia A. Bille

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Question Posted: Jun 28, 2024 01:06 AM

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Discount on Bonds Payable is classified as a contra-liability account.

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College Accounting Chapters 1-26

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