Either the effective-interest method or the straight-line method of amortization will always result in:
A) the same amount of interest expense being recognized each year.
B) the same amount of interest expense being recognized over the term of the bonds.
C) an increase in interest expense if premium or discounts were not amortized.
D) the same carrying value each year.

Question

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The Answer of Either the effective-interest method or the straight-line method of amortization will always result in:
A) the same amount of interest expense being recognized each year.
B) the same amount of interest expense being recognized over the term of the bonds.
C) an increase in interest expense if premium or discounts were not amortized.
D) the same carrying value each year.

Either the Effective-Interest Method or the Straight-Line Method of Amortization