Use the Present Value and Future Value Tables Included in Appendix

question 103

Multiple Choice

Use the present value and future value tables included in Appendix 8 and on the textbook companion website.
- Just before bonds are retired, the balance in the Bonds Payable account is equal to the bond's

• A) Face value
• B) Face value plus any discount or premium amortized
• C) Issuance price
• D) Face value plus interest to be paid

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