Costs associated with the Issuance of Bonds such as printing, legal fees, financial agent fees should O a be expensed when incurred O b. be reported as deduction from the face amount of Bonds Payable in the Liability section of the Balance Sheet Oc be accumulated and capitalized as an asset and expensed through amortization over the life of the Bonds O d. not be reported as an expense until the period the bonds mature or are retired