1. A company which is large enough to issue a bond for tens or even hundreds of millions of dollars repayable at maturity is large enough that it will prepare monthly financial statements.Using the effective interest rate method, the money amount of amortization of bond premium or bond discount will change from one month to the next month.Tell me what account(s) is(are) debited, and what account(s) is(are) credited, from the standpoint of the investor/lender.