Accounting: Tools for Business Decision Making, 5th Edition

Published by Wiley
ISBN 10: 1118128168
ISBN 13: 978-1-11812-816-9

Chapter 10 - Reporting and Analyzing Liabilities - Questions: 16

Answer

$664,000

Work Step by Step

Carrying value = Face value - Amortized Discount (Discount on B/P) 664,000 = 700,000 - 36,000
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