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Choose your answers from the option lists provided to indicate whether the transaction increased, decreased, or had no effect on the balances of bond discount, bond premium, and bonds payable. Each choice may be used once, more than once, or not at all.Bond | Bond Discount | Bond Premium | Bonds PayableTransaction1. Smith issued bonds payable with a nominal rate of interest that was less than the market rate of interest.E2. Smith issued bonds convertible to common stock for an amount in excess o

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