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48) Which of these statements is FALSE about bonds at their maturity? A) When a bond is matured, the carrying value always equals the face
48) Which of these statements is FALSE about bonds at their maturity? A) When a bond is matured, the carrying value always equals the face value. B) When bonds are retired at maturity, assuming the last interest payment has already been recorded, the journal entry includes a debit to the Bonds Payable account and a credit to the Cash account. C) When the bond is matured, the carrying value may be more or less than the face value. D) When the bond is matured, the journal entry to retire the bond will include a debit to Bonds Payable for the face value of the bonds
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