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    Principles of Accounting Study Set 1
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    Exam 14: Long Term Liabilities
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    When the Effective Interest Method of Amortization Is Used,the Amount
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When the Effective Interest Method of Amortization Is Used,the Amount

Question 144

Question 144

True/False

When the effective interest method of amortization is used,the amount of bond interest expense for a given period is calculated by multiplying the face interest rate by the bond's carrying value at the beginning of the given period.

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