Question

PLEASE HELP!!---ACCOUNTING---

A corporation has issued bonds maturing in 10 years. the related discount on bonds payable account
a) is shown with the current liabilities on the balance sheet
b) is shown with the long-term liabilities on the balance sheet
c) is shown on the income statement
d) does not appear on any financial statement

Answer 1

i would say B
hope this helps:) tell me if i'm wrong!