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The carrying value of bonds is calculated by:

majestico

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6 years ago

The carrying value of bonds is calculated by:

The carrying value of bonds is calculated by:
A) adding the Bonds Payable account balance to the Bond Interest Payable account balance.
B) subtracting the Discount on Bonds Payable account balance from the Bonds Payable account balance.
C) subtracting the Premium on Bonds Payable account balance from the Bonds Payable account balance.
D) adding the Premium on Bonds Payable account balance from the Bonds Payable account balance.

Textbook

College Accounting: A Practical Approach

Edition: 13^th

Author: Slater

Read 82 times

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majestico Author

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6 years ago

This is excellent. Excellent answer

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Augustis

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5 years ago

Happy to help Slight Smile

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