Friday, February 26, 2010

Calculating Interest Expense When Interest Expense Is Calculated Using The Effective Interest Amortization Method Interest Expense Equals?

When interest expense is calculated using the effective interest amortization method interest expense equals? - calculating interest expense

a) the amount of interest actually paid
b) the carrying amount of the bonds, which is multiplied by the rate
c) the carrying value of bonds multiplied by the percentage rate
d) the maturity of the bonds multiplied by the percentage rate

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