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ans.
The carrying amount of the bonds in the
statement of financial position at 31 December 20X3 will be $9.99 million ($10
million – $10,000).
Year ended 31 December 20X4
I bonds would have a carrying amount of
$10,300,000 ($10m + $0.8m – $0.5m) at 31 December 20X4 before considering any
impairment issues.Why for 20×4 they used 10m figure why not 9.99 m?
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