S70 0 Sn-tv e SAs FY(ens .yco pacitantes #4 : El estudiante identificar como se presenta n las deudas a largo plazo en el informe de la posicin financiera. RUE OR FALSE (Shows references are required) If sinking fund cash is used to purchase investments, those investments are reported on the balance sheet as marketable securities. Bonds payable would be listed at their carrying value on the balance sheet. The unamortized Discount on Bonds Payable account is a contra-liability account. The balance in Premium on Bonds Payable should be reported as a deduction from Bonds Payable on the balance sheet