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    Fundamentals of Financial Accounting Study Set 5
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    Exam 10: Reporting and Interpreting Liabilities
  5. Question
    The Net Amount of a Bond Payable on the Balance
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The Net Amount of a Bond Payable on the Balance

Question 96

Question 96

True/False

The net amount of a bond payable on the balance sheet is the call price of the bond plus any related discount or minus any related premium.

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