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A 5-year term bond was issued on January 1, Year 1. at a discount. The carrying amount of the bond at December 31, Year 2.
A 5-year term bond was issued on January 1, Year 1. at a discount. The carrying amount of the bond at December 31, Year 2. will be The same as the carrying amount at January 1 Year 10 Higher than the carrying amount at December a year Lower than the carrying amount at December 31, Year Higher than the carrying amount at December 31. Year 1
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Government Auditing Standards
Authors: U.S. Government Accountability Office
1st Edition
B0C9S8NVST, 979-8851147746
