The amortization of a bond discount: Decreases the carrying value of a bond and

Question

The amortization of a bond discount: Decreases the carrying value of a bond and increases interest expense. Decreases the carrying value of a bond and decreases interest expense. Increases the carrying value of a bond and increases interest expense. Increases the carrying value of a bond and decreases interest expense. Decreases the carrying value of a bond and increases interest expense. Decreases the carrying value of a bond and decreases interest expense. Increases the carrying value of a bond and increases interest expense. Increases the carrying value of a bond and decreases interest expense. Decreases the carrying value of a bond and increases interest expense. Decreases the carrying value of a bond and decreases interest expense. Increases the carrying value of a bond and increases interest expense. Increases the carrying value of a bond and decreases interest expense.

Explanation / Answer

Increases the carrying value of a bond and increases interest expense.

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