At the time a bond was sold at face value, the entire amount of interest over the life of the bond was recorded as an expense and a liability. This error would cause: the period end assets to be overstated, the period end liabilities to be understated, the period's net income to be understated. None of these is correct. Question 13 2 pts The interest method amortizes an equal amount of discount to Bonds Interest Expense each period O True Tos