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Tootsie Roll reported bonds payable of $7,500,000 at 12/31/17 on its balance sheet. If the...

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Accounting

Tootsie Roll reported bonds payable of $7,500,000 at 12/31/17 on its balance sheet. If the face amount of these bonds were also $7,500,000, then the unamortized bond discount at 12/31/17 was:

A. Zero

b. $1,000,000

c. $7,500,000

d. $500,000

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