01... 2 D 4. What impact will the amortization of a bond premium have on reported interest expense: 5. a. no impact b. increase over the life of the bond c. increase or decrease depending on the carrying amount d. decrease over the life of the bond Which of the following is necessary when recording the redemption of bonds: a. record the gains or loss on redemption b. record the cash paid c. eliminate the carrying amount of the bonds d. all of these market rate 6. At Jan 1, a company had issued 10,000 common shares with additional 2,000 shares issued in Feb. In Sep, 10% stock dividend were distributed. How many shares are outstanding: a. 13,200 b. 12,000 c. 13,000 d. 11,000 CENTENNIAL 3RD f3 3 enrolmentservices@centennialcolleg... $ f4 4 O Search f5 % 5 f6 ; D 6 ? L f7 & VEL 7 f80/ 8 1