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At December 31, 2024, Carrie's Cookie Company has a bond payable due September 30, 2026 with a carrying value of $1,911,052. The fair value of
At December 31, 2024, Carrie's Cookie Company has a bond payable due September 30, 2026 with a carrying value of $1,911,052. The fair value of the bond payable is $2,200,000. The interest payable at December 31, 2024 is $66,667. What would Carrie Cookie Company present on its Statement of Financial Position associated with this bond payable? O a. Interest payable of $66,667 as a current liability and fair value of $2,200,000 as a non-current liability. O b. Carrying value of $1,911,052 as a non-current liability O c. Interest payable of $66,667 as a current liability and carrying value of $1,911,052 as a non-current liability. O d. Interest payable of $66,667 as a current liability.
The amount to present to the Statement of Financial Position associated withva bonds payable is:
The face value of the bond payable
The carrying value of the bond payable
The maturity value of the bond payable
The fair value of the bond payable
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