162k views
18 votes
Any unamortized premium is reported on the balance sheet

a. as a deduction from the face amount of the bonds.
b. as an addition to the face amount of the bonds.
c. as a stand-alone line item.
d. netted with bonds, showing only the carrying amount.

User Dio F
by
7.3k points

1 Answer

11 votes
B. As an addition to the face amount of the bonds
User Eawenden
by
7.8k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.