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The balance in the Bonds Payable account is a credit of $74,000. The balance in the Discount on Bonds Payable account is a debit of
The balance in the Bonds Payable account is a credit of $74,000. The balance in the Discount on Bonds Payable account is a debit of $3,650. What is the bond's carrying amount?
$3,650 | ||
$77,650 | ||
$74,000 | ||
$70,350 |
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