Elance Exams Answers PDF file

-- PDF FILE --
Download PDF file of elance Zoho Creator Exam Answers
elance-zoho-creator-exam.pdf

A bond is issued at 101 above par. How are the excess proceeds recorded by the issuer?

Debit to Petty Cash
Credit to Income on Bonds Payable
As a debit to Premium on Bonds Payable
As a debit to Discount on Bonds Payable
As a credit to Premium on Bonds Payable
Top
  • Follows us our servcies
  • Facebook icon
  • Linkedin icon
  • twitter icon
  • rss icon
  • social icon