Transcribed image text : Which of the following is correct about the effective-interest method of amortization? O

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Transcribed image text : Which of the following is correct about the effective-interest method of amortization? O A. The effective-interest method applied to debt investments is different from that applied to bonds payable. B. Amortization of a discount decreases from period to period. OC. Amortization of a premium decreases from period to period. D. The effective-interest method applies the effective-interest rate to the beginning carrying amount for each interest period

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Transcribed image text : Which of the following is correct about the effective-interest method of amortization? O

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