If the bonds payable account has a balance of $900,000 and the discount on bonds payable account

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If the bonds payable account has a balance of $900,000 and the discount on bonds payable account has a balance of $72,000, what is the carrying amount of the bonds?

a. $828,000

b. $900,000

c. $972,000

d. $580,000

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Financial And Managerial Accounting

ISBN: 9781337902663

15th Edition

Authors: Carl S. Warren, Jefferson P. Jones, William B. Tayler

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Question Posted: Feb 07, 2024 06:32 AM

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If the bonds payable account has a balance of $900,000 and the discount on bonds payable account

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Financial And Managerial Accounting

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