Measurement (during the year): For a bond issued at face amount, each semiannual interest payment involves: Multiple Choice the balance of Bonds Payable decreasing by the amount of the payment. a portion of the payment reducing Bonds Payable and a portion being recorded as Interest Expense. interest Expense being recorded for the amount of the payment.

Measurement (during the year): For a bond issued at face amount, each semiannual interest payment involves: Multiple Choice the balance of Bonds Payable decreasing by the amount of the payment. a portion of the payment reducing Bonds Payoble and a portion being recorded as interest Expense. interest Expense being recorded for the amount of the payment