Question: When using the effective interest rate method, the difference between the interest expense and the interest payment is the a. amount of discount or premium

When using the effective interest rate method, the difference between the interest expense and the interest payment is the\ a. amount of discount or premium to be amortized for the period.\ b. amount at which a bond would be sold.\ c. net carrying amount of the bond on the balance sheet.\ d. amount of interest to pay the bondholders in the current year.

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