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    Financial Accounting Study Set 30
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    Exam 10: Liabilities
  5. Question
    If Bonds Are Issued at a Premium, the Carrying Amount
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If Bonds Are Issued at a Premium, the Carrying Amount

Question 132

Question 132

True/False

If bonds are issued at a premium, the carrying amount of the bonds will be greater than the face amount of the bonds for all periods prior to the bond maturity date.

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