Question: The required semiannual interest payment for a premium bond using the effective interest amortization method includes the following: Multiple choice question. Bond Interest Expense is

The required semiannual interest payment for a premium bond using the effective interest amortization method includes the following:

Multiple choice question.

Bond Interest Expense is debited and Cash is credited

Cash is debited and Bond Interest Expense and Bonds Payable are credited

Bond Interest Expense is debited and Cash and Premium on Bonds Payable are credited

Bond Interest Expense and Premium on Bonds Payable are debited and Cash is credited

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