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Thomas Marley Fitness Gym has $200,000 of 10-year bonds payable outstanding. These bonds had a discount of $24,000 at issuance, which was 5 years ago.
Thomas Marley Fitness Gym has $200,000 of 10-year bonds payable outstanding. These bonds had a discount of $24,000 at issuance, which was 5 years ago. The company uses the straight-line amortization method. The current carrying amount of these bonds payable is OA. $200,000. B. $176,000 O c. $188,000. OD. $212,000
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