Question: Amortizing the discount on a bond payable increases the face value of the bonds increases the carrying amount of the bonds decreases the face value

Amortizing the discount on a bond payable increases the face value

Amortizing the discount on a bond payable increases the face value of the bonds increases the carrying amount of the bonds decreases the face value of the bond s decreases the carrying amount of the bonds All of the following are advantages of issuing bonds except: Interest expense is tax deductible. Bonds do not dilute control of the corporation. Bonds generally result in higher earnings per share. Bonds are less risky to the issuing corporation

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