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    Financial Accounting Study Set 28
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    Exam 10: Reporting and Analyzing Liabilities
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    Premium on Bonds Payable May Be Amortized by the Straight-Line
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Premium on Bonds Payable May Be Amortized by the Straight-Line

Question 52

Question 52

True/False

Premium on bonds payable may be amortized by the straight-line method if the results obtained by its use do not materially differ from the results obtained by use of the effective-interest method.

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