Question: Multiple Choice Question If a company issues its bonds at a discount and uses the straight - line method of amortization, then the carrying value
Multiple Choice Question
If a company issues its bonds at a discount and uses the straightline method of amortization, then the carrying value of the bond will with each interest payment.
increase at a lesser amount
decrease by the same amount
increase by the same amount
decrease by a lesser amount
increase at a greater amount
decrease by a greater amount
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