Question
The balance in Premium on Bonds Payable Oa. should be allocated to the remaining periods for the life of the bonds by the straight-line
The balance in Premium on Bonds Payable Oa. should be allocated to the remaining periods for the life of the bonds by the straight-line method, if the results obtained by that method materially differ from the res effective interest rate method ed by the Ob. should be reported on the balance sheet as a deduction from the related bonds payable Oc. would be added to the related bonds payable on the balance sheet Od. should be reported in the Paid-In Capital section of the balance sheet
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