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Q39 The premium on a bonds payable account is initially a-added to the carrying value of the bonds payable. b-deducted from the carrying value of

Q39 The premium on a bonds payable account is initially

a-added to the carrying value of the bonds payable.

b-deducted from the carrying value of the bonds payable.

c-added to the face value of the bonds payable.

d-deducted from the face value of the bonds payable.

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