Question: 1. An DECREASE to the Premium on Bond Investments account does what to the asset section of the balance sheet? Group of answer choices Increase

1. An DECREASE to the Premium on Bond Investments account does what to the asset section of the balance sheet?

Group of answer choices

Increase

decrease

No impact

there is no such account

For a Held to Maturity Bond originally purchased at a DISCOUNT what is the impact on the asset side of the balance sheet at each interest payment/accrual date?

Group of answer choices

increase

decrease

no impact

If the Securities Fair Value Adjustment account has a DEBIT balance it should be ___________________ to the carrying value of the investment.

Group of answer choices

added

subtracted

ignored

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