QUESTION 32 Which of the following statements about a 10 year bond issued at a discount is not correct? At the end of ten years, the carrying value will equal the face value At the end of ten years the balance in the Discount on Bonds Payable account will equal zero. At the end of ten years, the total interest expense will equal the total interest paid. At the end of ten years, the total interest expense will reflect the market rate of interest