Nbspthe market rate of interest is equal to the stated rate


When the market rate of interest is equal to the stated rate of interest on the bond, the bond will require _____.

  • a debit to Discount on Bonds Payable
  • a credit to Discount on Bonds Payable
  • a credit to Bonds Payable a debit to Bonds Payable
  • a debit to Bonds Payable

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Financial Accounting: Nbspthe market rate of interest is equal to the stated rate
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