Question: Cabot Inc. has 6 % , $ 1 0 0 , 0 0 0 face amount bonds outstanding. The bonds were issued at a discount.

Cabot Inc. has 6%, $100,000 face amount bonds outstanding. The bonds were issued at a discount. At end of the current fiscal period, unamortized bond discount is $1,200.The balance sheet presentation of Cabot's bonds should include:
Multiple select question.
Carrying value of $101,200
Less discount on bonds payable of $1,200
Bonds payable of $100,000

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