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Q39 The premium on a bonds payable account is initially A) added to the carrying...

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Accounting

Q39 The premium on a bonds payable account is initially

A) added to the carrying value of the bonds payable.

B) deducted from the carrying value of the bonds payable.

C) added to the face value of the bonds payable.

D) deducted from the face value of the bonds payable.

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