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How would the amortization of premium on bonds payable affect each of the following? Carrying value of Bond - increase Net Income - decrease Carrying

How would the amortization of premium on bonds payable affect each of the following?

Carrying value of Bond

-

increase

Net Income

-

decrease

Carrying value of Bond

-

increase

Net Income

-

increase

Carrying value of Bond

-

decrease

Net Income

-

decrease

Carrying value of Bond

-

decrease

Net Income

-

increase

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