Multiple Select Question

Select all that apply

When a bond is sold at a premium and is amortized using the effective$-$interest method, each subsequent interest payment will result in a the prior payment. $($Select all that apply.$)$ compared to

credit to Cash for a greater amount

credit to Cash for the same amount

debit to Interest Expense for a smaller amount

credit to Premium on Bonds Payable for a smaller amount

higher carrying value

debit to Interest Expense for a greater amount

lower carrying value

debit to Premium on Bonds Payable for a greater amount