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    Exam 15: Long-Term Liabilities
  5. Question
    The Carrying Value of Bonds Is Calculated by Adding the Balance
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The Carrying Value of Bonds Is Calculated by Adding the Balance

Question 91

Question 91

True/False

The carrying value of bonds is calculated by adding the balance of the Discount on Bonds Payable account to the balance in the Bonds Payable account.

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