When Recording Bond Issuance Costs for Fees Paid to Underwriters

question 119

Multiple Choice

When recording bond issuance costs for fees paid to underwriters:

• A)The fee is recorded in a bond issuance costs account regardless of whether the bonds were issued at a discount or at a premium.
• B)The fee is recorded as a reduction in the bond discount account if the bonds were issued at a discount.
• C)The fee is recorded as a reduction in the bond premium account if the bonds were issued at a premium.
• D)The fee is recorded as a bond issuance expense regardless of whether the bonds were issued at a discount or at a premium.

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