Market rate of interest, the market rate of interest is

Market rate of interest

Assignment Help Financial Accounting

Reference no: EM13945427

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

Reference no: EM13945427

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