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Business, 06.03.2020 23:23 alexabessin

Premium on Bonds Payable.

a. has a debit balance.
b. is a contra account.
c. is considered to be a reduction in the cost of borrowing.
d. is deducted from bonds payable on the balance sheet.

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Premium on Bonds Payable.

a. has a debit balance.
b. is a contra account.
...

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