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What is the carrying amount of the bonds

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Reference no: EM132754146

Problem - If the bonds payable account has a balance of $900,000 and the discount on bonds payable account has a balance of $72,000, what is the carrying amount of the bonds?

a. $828,000

b. $900,000

c. $972,000

d. $580,000

Reference no: EM132754146

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