Question: The carrying value of bonds is calculated by a. adding the premium on bonds payable account balance to the bonds payable account balance. b. subtracting

The carrying value of bonds is calculated by

a. adding the premium on bonds payable account balance to the bonds payable account balance.

b. subtracting the premium on bonds payable account balance from the bonds payable account balance.

c. adding the discount on bonds payable account balance to the bonds payable account balance.

d. adding the bonds payable account balance to the bond interest payable account balance.

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