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Which of the below formulas would best represent the correct reporting of the carrying value of a liability (carrying value on the balance sheet

Which of the below formulas would best represent the correct reporting of the carrying value of a liability (carrying value on the balance sheet on the date issued)? Bonds Payable + Discount on Bonds Payable O Bonds Payable-Premium on Bonds Payable Bonds Payable + Premium on Bonds Payable

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