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    Fundamental Accounting Principles Study Set 5
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    Exam 14: Long-Term Liabilities
  5. Question
    The Carrying Amount (Book Value) of a Bond at the Time
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The Carrying Amount (Book Value) of a Bond at the Time

Question 25

Question 25

True/False

The carrying amount (book value) of a bond at the time when it is issued is always equal to its par value.

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