9. Which of the following statements is false? A. Premium on bonds payable increases the carrying value of the bond. B. Recording interest expense on a bond issued at a discount increases a company's liability. C. The amount of preroium amortized each interest payment decreases over the life of the bond. D. For a bond issued at face value interest expense equals the cash interest payment. E. None of the above statements are false. 10. If bonds are the issuing company can buy the bonds back at a stated price before the maturity date. A. Convertible B. Callable C. rm D. Serial