Which statement is true? The carrying amount of the bonds will increase each year if the...

 

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Which statement is true? The carrying amount of the bonds will increase each year if the bonds were issued at par. The carrying amount of the bonds will decrease each year if the bonds were issued at a premium. O Total interest expense will increase each year if the bonds are issued at a discount and the straight-line method of amortization is used. Total interest expense will increase each year if the bonds are issued at a premium and the effective interest method of amortization is used. Which statement is true? The carrying amount of the bonds will increase each year if the bonds were issued at par. The carrying amount of the bonds will decrease each year if the bonds were issued at a premium. O Total interest expense will increase each year if the bonds are issued at a discount and the straight-line method of amortization is used. Total interest expense will increase each year if the bonds are issued at a premium and the effective interest method of amortization is used.

Answer rating: 100% (QA)

an appropriate solution is a The sporting amount of the bonds will ... View the full answer