Question

The carrying value of a long-term note payable is computed as: Group of answer choices The present value of all remaining interest payments, discounted using the current market rate of interest. The future value of all remaining payments, using the market rate of interest. The present value of all remaining payments, discounted using the market rate of interest at the time of issuance. The face value of the long-term note plus the total of all future interest payments. The face value of the long-term note less the total of all future interest payments.

Answer 1

The present value of all remaining payments, discounted using the market rate of interest at the time of issuance.

Step-by-step explanation:

The carrying value of the long term note payable should be shown on the liabilities side of the balance sheet so it would be determined by considering the present value of all the left amount and then apply the market rate of interest of issuance time

Therefore the above represent the answer