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Regardless of whether the straight-line or the effective-interest method is used to amortize discount, the balance in Discount on Bonds Payable decreases with the periodic
Regardless of whether the straight-line or the effective-interest method is used to amortize discount, the balance in Discount on Bonds Payable decreases with the periodic amortization. reported Interest Expense increases each period. the carrying value of the bond decreases with periodic amortization. the cash payment to bondholders decreases as a result of the periodic amortization
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