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    Financial and Managerial Accounting Study Set 8
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    Exam 10: Liabilities
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    The Amortization of Bond Discount by the Issuing Company Decreases
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The Amortization of Bond Discount by the Issuing Company Decreases

Question 146

Question 146

True/False

The amortization of bond discount by the issuing company decreases the carrying value of its bonds payable.

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