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Summarizes the amortization of the premium, a contra-asset account with a credit balance

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17. (1) An amortization schedule for bonds issued at a premium;A. Summarizes the amortization of the premium, a contra-asset account with a credit balance.;B. Is reported in the balance sheet.;C. Is a schedule that reflects the changes in the debt over its term to maturity.;D. All of these are correct.

 

Paper#27332 | Written in 18-Jul-2015

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