Question: Does interest expense increase or decrease when a bond premium is amortized? Does issuing a bond at a discount increase or decrease interest expense over
Does interest expense increase or decrease when a bond premium is amortized?
Does issuing a bond at a discount increase or decrease interest expense over the life of the bond?
How are savings bonds different from a corporate bond?
A July : entry to record issuing the bonds
B Dec. : entry to record payment of interest to bondholders
C Dec. : entry to record amortization of discount
Dec.
C
Dec.
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