Question
Jordan bought 10,000 debentures at a 2% discount on the par value of RM100. The debentures are redeemable in four years' time at a premium
Jordan bought 10,000 debentures at a 2% discount on the par value of RM100. The debentures are redeemable in four years' time at a premium of 5%. The coupon rate attached to the debentures is 4%. The effective rate of interest on the debenture is 5.71%.
how is the accounting treatment MFRS 9
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Managerial Accounting
Authors: Ray H Garrison, Alan Webb, Theresa Libby
11th Canadian Edition
1259275817, 978-1259275814
