The Carrying Value of Bonds Is Calculated by

question 70

Multiple Choice

The carrying value of bonds is calculated by

• A) subtracting the premium on bonds payable account balance from the bonds payable account balance.
• B) adding the premium on bonds payable account balance to the bonds payable account balance.
• C) adding the discount on bonds payable account balance to the bonds payable account balance.
• D) adding the bonds payable account balance to the bond interest payable account balance.

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