The premium on bonds payable account is shown on the statement of financial position as a. an
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The premium on bonds payable account is shown on the statement of financial position as
a. an addition to a long-term liability
b. a subtraction from a long-term liability
c. a contra asset
d. a reduction of an expense
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Related Book For
Cornerstones Of Financial Accounting
ISBN: 9780176707125
2nd Canadian Edition
Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone
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