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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
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15 votes
15 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 Lulop
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1 Answer

14 votes
14 votes
B. As an addition to the face amount of the bonds
User Pavan Ebbadi
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