When using the effective-interest method of amortization,the discount on bonds payable amortized each period will:

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The discount on bonds payable amortized each period will increase when using the effective-interest method of amortization. This is because the effective-interest method calculates interest expense based on the carrying amount of the bond, which increases over time as the discount is amortized, leading to a progressively larger interest expense and thus a larger amount of discount amortized each period.

When Using the Effective-Interest Method of Amortization,the Discount on Bonds