The amortization of a bond premium will result in reporting an amount of interest expense for an interest period that:a. is less than the amount of cash to be paid for interest for the period.

b. exceeds the amount of cash to be paid for interest for the period.

c. equals the amount of cash to be paid for interest for the period.

d. has no predictable relationship with the amount of cash to be paid for interest for the period.

Question

Stanley

Business

20 October, 19:20

The amortization of a bond premium will result in reporting an amount of interest expense for an interest period that:a. is less than the amount of cash to be paid for interest for the period.

b. exceeds the amount of cash to be paid for interest for the period.

c. equals the amount of cash to be paid for interest for the period.

d. has no predictable relationship with the amount of cash to be paid for interest for the period.

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Answers (1)

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Caleb Tate · Answer 1

Answer:A. Is less than the amount of cash to be paid for the period

Explanation:

Amortized bond premium will reduce the interest Expenses in relation to the interest payable