When Recording Bond Issuance Costs for Fees Paid to Underwriters

Multiple Choice

When recording bond issuance costs for fees paid to underwriters:

A) The fee is recorded in a bond issuance costs account regardless of whether the bonds were issued at a discount or at a premium.
B) The fee is recorded as a reduction in the bond discount account if the bonds were issued at a discount.
C) The fee is recorded as a reduction in the bond premium account if the bonds were issued at a premium.
D) The fee is recorded as a bond issuance expense regardless of whether the bonds were issued at a discount or at a premium.