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Premium on Bonds Payable 2 points O is a contra acepunt O is deducted from bonds payable on the balance sheet has a debit balance.
Premium on Bonds Payable 2 points O is a contra acepunt O is deducted from bonds payable on the balance sheet has a debit balance. is considered to be a reduction in O the cost of borrowing interest expense) 2 points If a corporation has only one class of stock, it is referred to as O classless stock O preferred stock. O solitary stock. O common stock
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