The amortization of a bond premium:
A) Decreases the carrying value of a bond and increases interest expense.
B) Decreases the carrying value of a bond and decreases interest expense.
C) Increases the carrying value of a bond and increases interest expense.
D) Increases the carrying value of a bond and decreases interest expense.
Correct Answer:
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A)Is an asset account.
B)Increases
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A)Increases interest
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A)Decreases the
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