Why is amortization of a bond premium offset, Accounting Basics

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Why is amortization of a bond premium offset

Question: Why is amortization of a bond premium offset against interest expense? O Because the bond holder paid less than the face value of the bond O Because the bond holder paid more than face value of the bond O Because interest rates rose after the bond was purchased O Because interest rates dropped after bond was purchased

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Accounting Basics: Why is amortization of a bond premium offset

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Accounting Basics: Why is amortization of a bond premium offset

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