The Balance in the Bonds Payable Account Is a Credit

question 80

Multiple Choice

The balance in the Bonds Payable Account is a credit of $68,000. The balance in the Premium on Bonds Payable Account is a credit of $900. How much is the bond carrying amount?

• A)$900
• B)$68,900
• C)$68,000
• D)$67,100

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