The combination of the unamortized debit balance in Discount on Bonds Payable, the unamortized debit balance in Bond Issue Costs, and the $10,000,000 credit balance in Bonds Payable is referred to as the book value (or carrying value) of the bonds payable. Related Questions Where is the pre...
单项选择题 account, which is the debit balance account, is a contra–liability account. A. Discount on bonds payable B. Premium on bonds payable C. Carrying value D. None of the above. 点击查看答案
The seller will usually record the $9 cash discount with a debit to the account Sales Discounts. The buyer will record the $9 savings as a credit to Purchase Discounts or as a reduction to the cost recorded in inventory. My dentist offers a 5% cash discount if the dental fee is paid ...