Question: In each separate situation, show how bonds payable is reported in the long - term liabilities section of the Decem Note: Amounts to be deducted
In each separate situation, show how bonds payable is reported in the longterm liabilities section of the Decem Note: Amounts to be deducted should be entered with a minus sign.
Bonds payable with a par value of $ and a premium on bonds payable of $
Bonds payable with a par value of $ and a discount on bonds payable of $
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Bonds payable with a par value of $ and a discount on bonds payable of $
tableLiabilities Section of Balance SheetDecember Longterm liabilities,,,Bonds payable,,Discount on bonds payable,$
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