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AT&T issued 20-year bonds at 96 during the current year. In the year-end financial statements, the discount should be:Multiple ChoiceAdded to bonds payable.Included as an
AT&T issued 20-year bonds at 96 during the current year. In the year-end financial statements, the discount should be:Multiple ChoiceAdded to bonds payable.Included as an expense in the year of issue.Deducted from bonds payable.Reported as a deferred charge.
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