11. Long Term Liabilities
Premium on Bonds
Multiple Choice
Multiple ChoiceThe carrying value (i.e. book value) of Bonds Payable is equal to:
A
Bonds Payable + Accrued Interest
B
Bonds Payable – Premium on Bonds Payable
C
Bonds Payable – Amortization of Premium on Bonds Payable
D
Bonds Payable – Discount on Bonds Payable
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