$10$

QS $10-12($Algo$)$ Reporting premium and discount bonds LO P$2,$ P$3$

Skipped

In each separate situation, show how bonds payable is reported in the long$-$term liabilities section of the December $31$ balance sheet. Note: Amounts to be deducted should be entered with a minus sign.

Bonds payable with a par value of $$10,000$ and a premium on bonds payable of $$440.$

Bonds payable with a par value of $$30,000$ and a discount on bonds payable of $$900.$

Complete this question by entering your answers in the tabs below.

Required $1$

Required $2$

References

Bonds payable with a par value of $$10,000$ and a premium on bonds payable of $$440.$

Required $1$

Required $2$