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    Financial Accounting Study Set 26
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    Exam 7: Liabilities
  5. Question
    Amortizing the Discount on a Bond Payable
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Amortizing the Discount on a Bond Payable

Question 72

Question 72

Multiple Choice

Amortizing the discount on a bond payable:


A) increases the carrying amount of the bonds
B) increases the face value of the bonds
C) decreases the carrying amount of the bonds
D) decreases the face value of the bonds

Correct Answer:

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