Which of the following is false? The discount on bonds payable is

A) amortized over the life of the bond.
B) deducted from bonds payable.
C) a contra account to bonds payable.
D) reported in liabilities section of the balance sheet.
E) an adjunct account to bonds payable.

E

Business

You might also like to view...

Touchscreen kiosks, handheld shopping assistants, interactive dressing-room mirrors and virtual sales associates are all examples of how retailers use technology to ________

A) maintain inventory costs B) send information between stores C) meet consumers' expectations D) produce more accurate forecasts E) interact with suppliers

Business

According to many influential economists, the increase in international trade and cross-border investment will result in an increase in the prices of goods and services

Indicate whether the statement is true or false.

Business