When bonds are issued at a premium and the effective interest method is used for amortization,at each subsequent interest payment date,the cash paid is:

Name: When bonds are issued at a premium and the effective interest method is used for amortization,at each subsequent interest payment date,the cash paid is:
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When bonds are issued at a premium, the cash paid for interest is greater than the interest expense because the premium amortization reduces the interest expense below the cash payment.

When Bonds Are Issued at a Premium and the Effective