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Which of the following statements about bonds issued at premium is fake? Select one: a. Total unamortized premium is added to the bonds' face value

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Which of the following statements about bonds issued at premium is fake? Select one: a. Total unamortized premium is added to the bonds' face value to derive at the bonds' carrying value. b. Bonds issued at premium are reported on the balance sheet at the bonds face value until the bonds' maturity. c. Over the life of the bonds, the carrying value of the bonds issued at premium will decrease until the carrying value is equal to the face value d. Bonds issued at premium are reported on the balance sheet as long term fiability, Next page . G L O C 2383 ere to search

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