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Amortizing a bond discount will _____. decrease the unamortized bond discount increase the unamortized bond discount decrease the carrying value of the bond decrease the

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Amortizing a bond discount will _____. decrease the unamortized bond discount increase the unamortized bond discount decrease the carrying value of the bond decrease the unamortized bond discount and decrease the carrying value of the bond Which of the following statements is true? A company with a positive net income will also have a positive net cash flow. Payment of dividends is a cash outflow for operating activities. Cash paid for dividends is subtracted from net income. Payment of interest is a cash outflow for operating activities. On October 31, 2011, Bondable, Inc. issued $20,000 of 10-year, 6% bonds at 100. The bonds pay interest annually on October 31. Which of the following will appear on Bondable's balance sheet at December 31, 2011? Bonds payable $18, 800 Bonds payable $20,000 Bonds payable $21, 200 Interest expense $1, 200

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