Choose the term that correctly completes each sentence. You may not use a term a
ID: 2482339 • Letter: C
Question
Choose the term that correctly completes each sentence. You may not use a term at all or you may use it several times. 1. A premium will __________ the carrying value of the bond. 2.The amortization of a premium will __________ the amount of interest expense. 3.The amortization of the premium will __________ the carrying value fo the bond. 4.The amortization of a discount will __________ the amount of interest expense. 5.A discount will __________ the carrying value of the bond. 6.The amortization of the discount will ___________ the carrying value of the bond. A. Increase B. Decrease C. No effect
Explanation / Answer
(1) Increase
(2) Decrease
(3) Increase
(4) Increase
(5) Decrease
(6) Decrease