Enter your The World of Accounting For Professional Accountants username.
Enter the password that accompanies your username.

Poll

Best personal finance software?:

States

Articles : 57
Submited Firms : 97
Glossary Words : 3236
Jobs Request : 3
Group Members : 4402
Excel Files : 113
PPT Files : 665
PDF Files : 31

Who's online

There are currently 0 users and 5 guests online.

UNAMORTIZED BOND DISCOUNT

  • Submission of a form on this page may not work as you do not appear to have JavaScript enabled in your browser.
  • user notice: The custom_breadcrumbs_nodeapi() function called token replacement with an array rather than a string for $text in /home/waccount/public_html/sites/all/modules/token/token.module on line 263.
  • user notice: The custom_breadcrumbs_nodeapi() function called token replacement with an array rather than a string for $text in /home/waccount/public_html/sites/all/modules/token/token.module on line 263.

balance of the BOND DISCOUNT that remains to be amortized in future years. It is shown as a contra account to bonds payable (bond investment) to arrive at the net liability (asset). (It should be noted that an alternative treatment is to show the bond investment account net of the discount.) When the unamortized bond discount is amortized, interest expense is charged.