The recorded premium on tax-supported bonds issued should be amortized at the government-wide level in the same manner as a bond premium would be amortized by a business that issued bonds.

Name: The recorded premium on tax-supported bonds issued should be amortized at the government-wide level in the same manner as a bond premium would be amortized by a business that issued bonds.
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Quizplus · Accepted Answer

It is important to note, however, that the amortization is recorded only at the government-wide level.

The Recorded Premium on Tax-Supported Bonds Issued Should Be Amortized