The Balance in the Bonds Payable Account Is a Credit

question 130

Multiple Choice

The balance in the Bonds Payable account is a credit of $65,500. The balance in the Discount on Bonds Payable account is a debit of $2,150. How much is the bond's carrying amount?

• A)$2,150
• B)$67,650
• C)$65,500
• D)$63,350

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