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The balance in Discount on Bonds Payable a . would be subtracted from the related bonds payable on the balance sheet b . would be
The balance in Discount on Bonds Payable
a would be subtracted from the related bonds payable on the balance sheet
b would be added to the related bonds payable to determine the carrying amount of the bonds
c should be reported on the balance sheet as an asset because it has a debit balance
d should be allocated to the remaining periods for the life of the bonds by the straightline method, if the results obtained by that results that would be obtained by the effective interest rate method
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