What are the two main methods to amortize bond premiums and discounts? Which method is more accurate?

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What are the two main methods to amortize bond premiums and discounts?

Which method is more accurate? Does the amortization over the life of the bond differ between methods.

Related Book For answer-question

Government and Not for Profit Accounting Concepts and Practices

ISBN: 978-1118155974

6th edition

Authors: Michael H. Granof, Saleha B. Khumawala

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Posted Date: Mar 24, 2024 10:38 PM

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What are the two main methods to amortize bond premiums and discounts? Which method is more accurate?

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The two main methods to amortize bond premiums and discounts are the straightline method and the eff... View the full answer

Government and Not for Profit Accounting Concepts and Practices

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