What best describes the discount on bonds payable account? a. A liability b. A contra liability c.
Question:
What best describes the discount on bonds payable account?
a. A liability
b. A contra liability
c. An asset
d. 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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