21) Amortization of a bond discount: 2 points O Increases the Bonds Payable account. O Decreases the Bonds Payable account. Creates a Discount Payable account. Allocates the amount of the discount over the life of the bond. None of these answers is correct. 22) The financial statement that shows the changes to a corporation's contributed capital is called: 2 points Statement of Contributed Capital. Income Statement Balance Sheet. Statement of Changes in Equity. O None of these answers is correct