Which of the following methods of amortization of bond discounts is required by generally accepted accounting principles (GAAP)? a. The straight-line method b. The depreciation method Oc. The effective interest rate method O d. Neither the straight-line nor the effective interest rate method

Which of the following methods of amortization of bond discounts is required by generally accepted accounting principles (GAAP)? a. The straight-line method b. The depreciation method c. The effective interest rate method d. Neither the straight-line nor the effective interest rate method