The Carrying Value of Bonds Is Calculated By

question 109

Multiple Choice

The carrying value of bonds is calculated by:

• A) subtracting the Premium on Bonds Payable account balance to the Bonds Payable account balance.
• B) subtracting the Premium on Bonds Payable account balance from the Bonds Payable account balance.
• C) subtracting the Discount on Bonds Payable account balance from the Bonds Payable account balance.
• D) adding the Bonds Payable account balance to the Bond Interest Payable account balance.

---

Definitions:

Total Frequency

The sum of all counts or occurrences of a particular event or characteristic in a dataset.

Horizontal Axis

The x-axis in a graph, usually representing the independent variable or the categories being compared.

X-axis

The horizontal line on a graph or chart, typically representing the range of values for an independent variable.

Graph

A visual representation of data designed to show the relationship between two or more variables.