Question: Question 2 1.25 points When the effective interest method is used to amortize bond premium or discount, the carrying amount of the bonds will A

 Question 2 1.25 points When the effective interest method is used

Question 2 1.25 points When the effective interest method is used to amortize bond premium or discount, the carrying amount of the bonds will A increase if the bonds were issued at a discount. B. increase if the bonds were issued at a premium C. decrease if the bonds were issued at a discount D. increase if the bonds were issued at either a discount or a premium

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