amortization

  1. M

    The effective interest amortization method:?

    The effective interest amortization method: a. Allocates bond interest expense using a changing interest rate b. Allocates bond interest expense using a constant interest rate c. Allocates a decreasing amount of interest over the life of a discounted bond d. Allocates bond interest...
  2. M

    The effective interest amortization method:?

    The effective interest amortization method: a. Allocates bond interest expense using a changing interest rate b. Allocates bond interest expense using a constant interest rate c. Allocates a decreasing amount of interest over the life of a discounted bond d. Allocates bond interest...
  3. B

    accounting help w/ hw in effective interest amortization?

    Legacy issues $335,000 of 6%, four-year bonds dated January 1, 2009, that pay interest semiannually on June 30 and December 31. They are issued at $277,400 and their market rate is 9% at the issue date. Requirement 1: Prepare the January 1, 2009, journal entry to record the bonds' issuance...
  4. B

    accounting help w/ hw in effective interest amortization?

    Legacy issues $335,000 of 6%, four-year bonds dated January 1, 2009, that pay interest semiannually on June 30 and December 31. They are issued at $277,400 and their market rate is 9% at the issue date. Requirement 1: Prepare the January 1, 2009, journal entry to record the bonds' issuance...
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