Financial Accounting

Learn the toughest concepts covered in your Financial Accounting class with step-by-step video tutorials and practice problems.

Long Term Liabilities

Premium on Bonds

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1

concept

Issuing Bonds at a Premium

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7m
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2

concept

Premium Bonds:Interest Expense, Amortization, and Cash

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8m
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3

concept

Premium Bonds:Interest Expense, Amortization, and Interest Payable

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4m
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4

concept

Premium Bonds:Repaying Principal at Maturity

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3m
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5
Problem

The carrying value (i.e. book value) of Bonds Payable is equal to: