Question
Choose the term that correctly completes each sentence. You may not use a term at all or you may use it several times. 1. A
Choose the term that correctly completes each sentence. You may not use a term at all or you may use it several times. 1. A premium will __________ the carrying value of the bond. 2.The amortization of a premium will __________ the amount of interest expense. 3.The amortization of the premium will __________ the carrying value fo the bond. 4.The amortization of a discount will __________ the amount of interest expense. 5.A discount will __________ the carrying value of the bond. 6.The amortization of the discount will ___________ the carrying value of the bond. A. Increase B. Decrease C. No effect
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