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(TCO D) Theoretically, the costs of issuing bonds could be (Points : 5) expensed when incurred. reported as a reduction of the bond liability. debited

(TCO D) Theoretically, the costs of issuing bonds could be (Points : 5)

expensed when incurred.

reported as a reduction of the bond liability.

debited to a deferred charge account and amortized over the life of the bonds.

Any of the above

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