Question
In U.S. GAAP, bond issue costs are considered A. a period cost B. an element in determining the carrying value of the bonds outstanding C.
In U.S. GAAP, bond issue costs are considered
A.
a period cost
B.
an element in determining the carrying value of the bonds outstanding
C.
a cost of borrowing that reduces the effective interest expense
D.
an initial cost that is expensed when the bonds are issued
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Principles Of External Auditing
Authors: Brenda Porter, David Hatherly, Jon Simon
3rd Edition
0470018259, 9780470018255
