The journal entry a company uses for the interest payment and amortization of bond premiums would include
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The journal entry a company uses for the interest payment and amortization of bond premiums would include a
a. debit to Interest Expense and a credit to Cash and Premium on Bonds Payable
b. debit to Interest Expense and Premium on Bonds Payable and a credit to Cash
c. debit to Interest Expense and a credit to Cash
d. debit to Interest Expense and a credit to Interest Payable and Premium on Bonds Payable
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