The bond interest expense recorded on an interest payment date is decreased: A. only if the...

The bond interest expense recorded on an interest payment date is decreased: A. only if the market rate of interest is less than the stated rate of interest on that date B. by the amortization of premium on bonds payable C. by the amortization of discount on bonds payable D. only if the bonds were sold at face value

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ekkarill92 answered 2 years ago

If bond interest expense is $280,000, bond interest payable decreased by $8,000 and bond discount decreased...

If bond interest expense is $280,000, bond interest payable decreased by $8,000 and bond discount decreased by $1,000, cash paid for bond interest is: a) $273,000 b) $287,000 c) $271,000 d) $280,000

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