Sunday, February 24, 2019

If bonds are issued between interest dates, the entry on the books of the issuing corporation could include a

If bonds are issued between interest dates, the entry on the books of the issuing corporation could include a



a. debit to Interest Payable.
b. credit to Interest Receivable.
c. credit to Interest Expense.
d. credit to Unearned Interest.


Answer: credit to Interest Expense

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