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Which of the following statements is/are correct? (i) Amortization of discount on bonds payable increases the carrying value of bonds payable (ii) Amortization of discount

Which of the following statements is/are correct? (i) Amortization of discount on bonds payable increases the carrying value of bonds payable (ii) Amortization of discount on bonds payable reduces stockholders' equity O A. (i) only B. (ii) only OC. (i) and (ii) OD. None of the above

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