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If bonds are issued for a price below their face value, the bond discount is: Question 31 options: Debited to expense on the date the
If bonds are issued for a price below their face value, the bond discount is: Question 31 options: Debited to expense on the date the bonds are issued. Amortized over the life of the bond issue. Shown as an addition to bonds payable in the Long-Term Liabilities section of the balance sheet. Shown as a deduction to bonds payable in the Current Liabilities section of the balance sheet
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