Which of the following statements is correct regarding a discount bond redeemed at a premium to par under U.S. GAAP? The greater the discount at issuance, the lower the loss upon extinguishment. Bond issuance costs not fully amortized will increase the size of the loss booked. Had a gain been booked when the bond was redeemed, it would have gone to other comprehensive income. The bond payable account will be debited at the premium price paid to redeem the issue