If bonds are issued at a discount, the amortization of the discount over the life of the

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If bonds are issued at a discount, the amortization of the discount over the life of the bonds causes the

(a) interest expense to decrease each period.

(b) interest expense to increase each period.

(c) carrying value of the bonds to decrease.

(d) carrying value of the bonds to increase.

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College Accounting Chapters 1-15

ISBN: 12

19th Edition

Authors: James A Heintz, Robert W Parry

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