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a)a prem b) face valae discount.. d) the contract rate. Discount on Bonds Payable is...

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Accounting

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a)a prem b) face valae discount.. d) the contract rate. Discount on Bonds Payable is a(n) a) asset. b) expense. liability. Oeontra tiability. d.. When interest payments are made on a discounted bond, a portion of the discount s a) depreciated. b) tranaferred to reduce interest. ) amortized. d) None of these answers are correct. The entry to record the issuance ofa Oeredit to Bond Interest P b) debit to Bonds c) debit to eInterest Expense. d) d Bond Interest Payable. we yment dates will include a: Doll Flower Corporation needs to develop a trend analysis for its sales and gross profit for the past three years to make decisions for the future. Compute the trend percentages with the information below and place your answers in the spaces provided. Year 3 Year I S 800 250 Year 2 S 900 300 Net sales $1,200 Gross profit 500 Net sales trend percentages Gross profit trend percentages SG-514 (429K)

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