Which of the following statements is correct? Multiple Choice points 8 02:57:37 Amortization of discount on bonds payable (bond discount) results in an increase in a bond's carrying value. 0 Amortization of discount on bonds payable (bond discount) results in a decrease in bond interest expense. 0 Amortization of premium on bonds payable (bond premium) results in an increase in a bond's carrying value. Amortization of premium on bonds payable (bond premium) results in an increase in bond interest expense