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Q10 5 Question 10 Question 10 1 points Gulf Company issued bonds with a par value of $500,000 for cash of $530,000. What is the

Q10

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5 Question 10 Question 10 1 points Gulf Company issued bonds with a par value of $500,000 for cash of $530,000. What is the account's name and type representing the difference between par value and issue price? O A. Abond premium; an adjunct account B. A bond discount, a contra equity account C. A bond premium; a contra asset account O D. A bond discount a contra liability account. Moving to another question will save this response. Question 10 of 15

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