Homework Answers
| January 1, 2018-Financial Statements | Case A ( issued at 100) | Case B ( at 98) | Case C ( at 102) | |
| a. | Bonds payable | 290,000 | 290,000 | 290,000 |
| b. | Unamortized premium ( discount) | 0 | (5,800) | 5,800 |
| c. | Carrying value | 290,000 | 284,200 | 295,800 |
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