Question: he effective interest method is more theoretically correct than the straight - line method in computing amortization on a bond because: Group of answer choices
he effective interest method is more theoretically correct than the straightline method in computing amortization on a bond because:
Group of answer choices
It computes interest expense as a function of time.
Interest expense is the same each period resulting in better matching.
The straightline method is more theoretically correct.
It computes interest expense by considering the increasing decreasing carrying value of the bond.
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