What are the three main differences between accounting for a bond discount and accounting for a bond

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What are the three main differences between accounting for a bond discount and accounting for a bond premium?

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Introduction to Financial Accounting

ISBN: 978-0133251036

11th edition

Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick

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Question Posted: Feb 20, 2015 09:08 AM

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What are the three main differences between accounting for a bond discount and accounting for a bond

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1 If there is a premium the cash proceeds exceed the face amount whereas with a d...View the full answer

Introduction to Financial Accounting

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