Question: Answer this using intermediate accounting 3 by robles and empleo When the effective-interest method is used to amortize bond premium or discount, the periodic amortization

Answer this using intermediate accounting 3 by robles and empleo

When the effective-interest method is used to amortize bond premium or discount, the periodic amortization will a. increase if the bonds were issued at a discount. b. decrease if the bonds were issued at a premium. c. increase if the bonds were issued at a premium. d. increase if the bonds were issued at either a discount or a premium

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