Concept #1: Issuing Bonds at a Premium

Concept #2: Premium Bonds: Interest Expense, Amortization, and Cash

Concept #3: Premium Bonds: Interest Expense, Amortization, and Interest Payable

Concept #4: Premium Bonds: Repaying Principal at Maturity

Practice: The carrying value (i.e. book value) of Bonds Payable is equal to: