Your Company Issued Bonds at a Premium

Your company issued bonds at a premium. Which of the following statements is NOT true?

A) The contra account, premium on bonds payable, is amortized each year by shifting part of its balance to interest expense.
B) On the date of issuance, the stated interest rate was greater than the market interest rate.
C) As the current date approaches the maturity date, the carrying value of the bond approaches the face value of the bond.
D) The account used to record the premium has a normal debit balance.