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Firefox File Edit View History Bookmarks Tools Window Help M Chapter to connect Principles of Accounting l 2013: ACC 2013 Spring 2017 005 Question 2 (of 07 points MC Qu. 199 Using straight-ine amortization, when Using straight-line amortization, when a bond issold at a premiumc the amortized premium is added to the interest payable to calculate interest expense. O Bonds Payable rises by a constant amount each year. O interest expense iscalculated by subtracting the amortized premium from the interest payment that is tobe made O interest expense rises each year Multiple Choice MC Qu 199 Using straight ine amortization, Previous attempt