31 Match the following terms or concepts with the appropriate description Market or Yield Rate 1 Straight-line method Premium Face Value or Principal Lessor 32 appropriate description S 59 cepts with the appropriate description Under this method, bond interest expense is calculated by multiplying the carrying value times the market rate of interest Occurs when a bond sells for a price less than the face amount Occurs when a bond's issue price exceeds its face value The rate that determines the amount of bond interest paid. The legal owner of a leased asset The amount that must be repaid at maturity, The rate that reflects the rate on the bond, the credit standing of the borrower, and the current market and economic condition Under this method, equal amounts of premium or discount are amortized at each interest payment date. 5 porte description