The discount on bonds payable or premium on bonds payable is shown on the balance sheet as

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The discount on bonds payable or premium on bonds payable is shown on the balance sheet as an adjustment to bonds payable to arrive at the carrying value of the bonds. Indicate the appropriate addition or subtraction to bonds payable:

Premium on Discount on

Bonds Payable Bonds Payable

Deduct Deduct

Add Add

Deduct Add

Add Deduct

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College Accounting A Practical Approach

ISBN: 9780134729312

14th edition

Authors: Jeffrey Slater, Mike Deschamps

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Posted Date: Oct 25, 2018 02:17 AM

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The discount on bonds payable or premium on bonds payable is shown on the balance sheet as

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College Accounting A Practical Approach

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