Bonds: Effective Interest Method
Автор: Universal CPA - #1 Course for Visual Learners
Загружено: 2021-10-21
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Hakuna matata!
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You know how you depreciate tangible fixed assets? The amortization of bond discounts and bond premiums is the same concept. It’s HOW we amortize them is what makes this so important. The CPA Exam LOVES to test this amortization method and if you know this five step approach, you will get these questions right every single time. Just remember, it’s the circle of life!
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