For bonds payable, explain why the amortization of a bond discount is added and the amortization of

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For bonds payable, explain why the amortization of a bond discount is added and the amortization of a bond premium is deducted when calculating cash provided (used) by operating activities in the indirect method.

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Accounting Principles Part 3

ISBN: 978-1118306802

6th Canadian edition Volume 1

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow

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Question Posted: Mar 31, 2017 01:07 AM

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For bonds payable, explain why the amortization of a bond discount is added and the amortization of

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When bonds are issued at a premium the amount of cash paid for interest i...View the full answer

Accounting Principles Part 3

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