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From page 9-4 of the VLN, what causes the bond liability for a bond issued at a premium to decrease each interest payment period?
From page 9-4 of the VLN, what causes the bond liability for a bond issued at a premium to decrease each interest payment period? Paying the interest. The amortization of the premium. Paying the principal. O The bond liability does not decrease when a bond is issued at a premium.
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Fundamental Accounting Principles
Authors: Larson Kermit, Tilly Jensen
Volume I, 14th Canadian Edition
71051503, 978-1259066511, 1259066517, 978-0071051507
