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Premium on Bonds Payable = ($54,000 / 10) * 1 = $5,400 Premium on Bonds Payable = $54,000 . The result is the same whether
Premium on Bonds Payable = ($54,000 / 10) * 1 = $5,400 Premium on Bonds Payable = $54,000 . The result is the same whether you do or not. But why don't I can't record 54000 for the adjustment if the result is the same. I am not clear yet. Please exaplain me more about it. Thank you
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Financial Accounting The Impact On Decision Makers An Alternative To Debits And Credits
Authors: Gary A. Porter, Curtis L. Norton
4th Edition
0324272669, 978-0324272666
