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Which method gives higher interest expense in the last year when the bonds are issued for more than par? Multiple Choice o O All the
Which method gives higher interest expense in the last year when the bonds are issued for more than par? Multiple Choice o O All the three statements about bonds are correct O effective Interest method of accounting for interest expense on bonds 0 O declining bulance method of accounting for interest expense on bonds 0 None of the other alternatives ere correct straight line method of accounting for Interest expense on bonds
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