When Bonds Are Retired at Their Maturity Date,the Balance in the Bonds

question 195

Multiple Choice

When bonds are retired at their maturity date,the balance in the Bonds Payable account is equal to the bond's:

• A)face value minus any premium amortized.
• B)face value plus interest to be paid.
• C)face value plus any discount amortized.
• D)face value.

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