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Straight - line interest amortization of a premium or discount on bonds payable: A . assigns variable amounts of interest over the term of the
Straightline interest amortization of a premium or discount on bonds payable:
A assigns variable amounts of interest over the term of the liability.
B uses compound interest principles.
C assigns the same amount of interest to each interest period over the term of the liability.
D is required for US income tax reporting.
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