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Fears can be unlearned by approaching feared situations in a series of ordered steps called
Carrying Value
The book value of assets and liabilities, calculated as the original cost minus accumulated depreciation or amortization and impairment.
Premium on Bonds Payable
The amount by which the bond's issue price exceeds its face value, reflecting the cost of issuing debt at an interest rate lower than the market rate.
Discount on Bonds Payable
The difference between the par (or face) value of a bond and its lower issuing price, representing an additional cost of borrowing for the issuer.
Straight-Line Amortization
A method of evenly spreading the cost of an intangible asset over its useful life.
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