Q9-66. Using the facts in the preceding question, McPartlins journal entry to record the interest expense on
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Q9-66. Using the facts in the preceding question, McPartlin’s journal entry to record the interest expense on July 1, 20X0, will include a
a. credit to Discount on Bonds Payable.
c. debit to Premium on Bonds Payable.
b. debit to Bonds Payable.
d. credit to Interest Expense.
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Related Book For
Financial Accounting International Financial Reporting Standards Global Edition
ISBN: 9781292211145
11th Edition
Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison
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