What is the difference between the straight-line and effective interest rate methods of amortizing premiums and discounts?

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Cornerstones of Financial and Managerial Accounting

ISBN: 978-0324787351

1st Edition

Authors: Rich Jones, Mowen, Hansen, Heitger

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Question Posted: Jul 23, 2012 03:23 AM

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What is the difference between the straight-line and effective interest rate methods of amortizing premiums and discounts?

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Cornerstones of Financial and Managerial Accounting

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