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A bond issued at a discount will have the discount amortized over the life of the bond. This amortization equals the interest expense.
A bond issued at a discount will have the discount amortized over the life of the bond. This amortization equals the interest expense.
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Accounting Ethics
Authors: Ronald F. Duska, Brenda Shay Duska, Julie Anne Ragatz
2nd Edition
1405196130, 978-1405196130
