Question: 3 points Entity E's balance sheet reveals that it has bonds payable maturing in five years with a balance of $10,000,000. The discount on bonds

 3 points Entity E's balance sheet reveals that it has bonds

3 points Entity E's balance sheet reveals that it has bonds payable maturing in five years with a balance of $10,000,000. The discount on bonds payable account also has a balance of $800,000. What is the carrying value of the bonds? $10,000,000$9,200,000$10,400,000$10,800,000

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