问题
单项选择题
Over time, the reported amount of the annual interest expense on a long-term bond issued at a discount will:（）
A. remain constant
B. increase
C. decrease
答案
参考答案：B
解析：
A portion of the discount must be amortized to the interest expense each year. The amortized amount is debited to interest expense and credited to debt. So debt goes up. The interest expense is debt times the effective interest rate. Thus, interest expense will increase over time.