If a bond is sold at a premium the carrying value reported
If a bond is sold at a premium, the carrying value reported on the balance sheet in following years:
a. Stays the same each year
b. Increases each year
c. Decreases each year
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stiller issues bonds several years ago when the market rate of interest was 45 the stated rate of interest on the bonds
if a bond is sold at a premium the carrying value reported on the balance sheet in following years a stays the same
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