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    Principles of Accounting Study Set 1
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    Exam 14: Long Term Liabilities
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    Regardless of Whether the Straight-Line Method or the Effective Interest
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Regardless of Whether the Straight-Line Method or the Effective Interest

Question 159

Question 159

True/False

Regardless of whether the straight-line method or the effective interest method is used,the carrying value of a term bond issued at a discount will increase continually over the life of the bond.

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