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28 Which of the following statements is/are correct? (1) Amortization of discount on bonds payable increases the carrying value of bonds payable (ii) Amortization of

28 Which of the following statements is/are correct? (1) Amortization of discount on bonds payable increases the carrying value of bonds payable (ii) Amortization of discount on bonds payable reduces stockholders' equity OA (1) only OB () only OC. (i) and (ii) OD. None of the above

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