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    College Accounting Study Set 1
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    Exam 20: Corporations and Bonds Payable
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    When Interest Payments Are Made on a Discounted Bond,a Portion
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When Interest Payments Are Made on a Discounted Bond,a Portion

Question 30

Question 30

Multiple Choice

When interest payments are made on a discounted bond,a portion of the discount is:


A) depreciated.
B) depleted.
C) amortized.
D) transferred to reduce the interest expense.

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