Bond Amortization Makes the

Multiple Choice

Bond amortization makes the

A) interest expense smaller than the actual interest payment,while causing the balance in premium on bonds payable to decline each period.
B) interest expense larger than the actual interest payment,while causing the balance in premium on bonds payable to decline each period.
C) interest expense smaller than the actual interest payment,while causing the balance in premium on bonds payable to increase each period.
D) interest expense larger than the actual interest payment,while causing the balance in premium on bonds payable to increase each period.