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Home Q & A Board Other Fields Homework Help Business Accounting
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Harrison Harrison
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6 years ago
When a premium on a bond investment is amortized by the company holding the investment:
A) the amount of cash received as an interest payment will be increased
B) the amount of cash received as an interest payment will be reduced
C) Interest Revenue will be debited
D) companies normally credit a separate account called Premium on Investments
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
Authors:
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AlexmosutheAlexmosuthe
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6 years ago
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Harrison Author
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6 years ago
You make an excellent tutor!
smdavis
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Yesterday
Smart ... Thanks!
MAry1395
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2 hours ago
Just got PERFECT on my quiz
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