Which of the following is true of a bond issued at a premium?

	1.	The carry value of the bond Is less that the face value on issue date
	2.	The carry value of the bond will decrease over the term of the bond
	3.	The unamortized premium is deducted from the face value of the bond to arrive at the carry value each reporting period
	4.	Premium on bonds payable has a normal debit balance.

1. There is no discount or premium when a bond is issued at ________.

   	1.	face value
   	2.	market value
   	3.	cost
   	4.	future value

Common stock amount on the Statement of Stockholders' Equity is always credited for the number of shares issued multiply by the par value of the common stock or for the consideraton received from the issuance of no-par value common stock.

True

False