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Under the straight-line amortization method, interest expense on a bond sold at a discount is equal to the:

Select one:

a. interest paid minus bond discount amortization
b. interest rate times the face value of the bonds
c. interest rate times the book value of the bonds
d. interest paid plus bond discount amortization

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M946032

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