If bonds are sold for a discount, the carrying value of the bonds is equal to the face value less the unamortized discount.

Name: If bonds are sold for a discount, the carrying value of the bonds is equal to the face value less the unamortized discount.
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When bonds are sold for a discount, the carrying value will be less than the face value. It is calculated as face value minus the unamortized discount. As the discount gets amortized over time, the carrying value increases towards the face value.

If Bonds Are Sold for a Discount, the Carrying Value