If bonds are purchased at a premium, what will happen to the carrying value of the investment

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If bonds are purchased at a premium, what will happen to the carrying value of the investment in bonds and the amount recorded for interest revenue over time?

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Financial Accounting

ISBN: 978-0078025549

3rd edition

Authors: J. David Spiceland, Wayne Thomas, Don Herrmann

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Question Posted: Jul 13, 2016 03:51 AM

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If bonds are purchased at a premium, what will happen to the carrying value of the investment

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Financial Accounting

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