The balance sheet amount reported for a long-term debt on the issue date is the A. discounted present value of the future principal repayment. B. discounted present value of the periodic interest payments. C. sum of the future value of principal repayment and the periodic interest payments. D. sum of the discounted present values of the future principal repayments and the periodic interest payments.

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The balance sheet amount reported for a long-term debt on the issue date is the
A. discounted present value of the future principal repayment.
B. discounted present value of the periodic interest payments.
C. sum of the future value of principal repayment and the periodic interest payments.
D. sum of the discounted present values of the future principal repayments and the periodic interest payments.

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Answer:

D. sum of the discounted present values of the future principal repayments and the periodic interest payments.

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