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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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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