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Amortization of Discount on Bonds Payable (Bond Discount)results in Which

Question 50

Multiple Choice

Amortization of discount on bonds payable (bond discount) results in which of the following?


A) A decrease in bond interest expense
B) An increase in net income
C) An increase in the carrying value of the bond
D) An increase in stockholders' equity due to the decrease in bond interest expense

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