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Straight Line Amortization of Bond Premium or Discount
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Problem 10
Straight Line Amortization of Bond Premium or Discount
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11. Long Term Liabilities / Straight Line Amortization of Bond Premium or Discount / Problem 3
Problem 3
What is the impact of premium amortization on liabilities?
A
It has no effect on liabilities.
B
It doubles liabilities.
C
It increases liabilities.
D
It decreases liabilities.
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