The carrying value of bonds is calculated by adding the balance of the Discount on Bonds Payable account to the balance in the Bonds Payable account.

Name: The carrying value of bonds is calculated by adding the balance of the Discount on Bonds Payable account to the balance in the Bonds Payable account.
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The carrying value of bonds is calculated by subtracting the balance of the Discount on Bonds Payable account from the balance in the Bonds Payable account.

The Carrying Value of Bonds Is Calculated by Adding the Balance