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9
Is a discount debited or credited on the issuance of a bond? How is a discount calculated?
Debited
Par Value - Issuing Price of Bond (given) = discount
Par Value - Issuing Price of Bond (given) = discount
Flashcard info:
Author: savhighsmith
Main topic: Accounting
Topic: General
School / Univ.: UGA
City: Athens
Published: 01.05.2010