The discount on a bond payable becomes
A. a reduction in interest expense the year the bonds mature.
B. a liability in the year the bonds are sold.
C. a reduction in interest expense over the life of the bonds.
D. additional interest expense the year the bonds are sold.
E. additional interest expense over the life of the bonds.
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Ответ:
A
Explanation:
I searched it online and this is what came up.