Match the following using the following terms CREDIT, DEBIT, CREDIT, DISCOUNT, PREMIUM, INCREASE,...

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Accounting

Match the following using the following terms
CREDIT, DEBIT, CREDIT, DISCOUNT, PREMIUM, INCREASE, LESS, DECREASE
The amortization of the bond ___________ will result in the issuer's interest expense being greater than the interest payments.
Answer 1 Question 1
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The expected balance in the account containing the amount of the unamortized bond premium.
Answer 2 Question 1
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When the bond market's interest rates increase, the market value of an existing bond will ____________.
Answer 3 Question 1
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If a 9% bond is selling at 104 plus accrued interest, the bond's effective interest rate will be _______ than 9%.
Answer 4 Question 1
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The expected balance in the account Bonds Payable.
Answer 5 Question 1
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The amortization of the bond ___________ will result in less interest expense than the amount of the interest payments.
Answer 6 Question 1
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The book value or carrying value of a bond issued at a discount will _____________ as the discount is amortized.
Answer 7 Question 1
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The expected balance in the account containing the amount of the unamortized bond discount.

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