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An amortization schedule for bonds issued at a premium:

A. Summarizes the amortization of the premium, a contra-asset account with a credit balance.

B. Is reported in the balance sheet.

C. Is a schedule that reflects the changes in the debt over its term to maturity.

D. All of these are correct.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9404998

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