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Discussion Problems: FAR.2928-Notes Payable OCTOBER 2020 PDF

3 Pages·2022·English
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by ['John Nathan Kingly']| 2022| 3 pages| English

About Discussion Problems: FAR.2928-Notes Payable OCTOBER 2020

This document contains sample discussion problems and lecture notes related to accounting for notes payable. Some of the key topics covered include: - Initial measurement of notes payable at fair value or transaction price - Subsequent measurement at amortized cost using the effective interest method - Accounting for debt modifications, including assessing whether a modification results in debt extinguishment - Recognition of gains or losses on debt extinguishment - Accounting for costs incurred in debt restructuring or modification transactions

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Author:['John Nathan Kingly']
Publication Year:2022
Pages:3
Language:English
Format:PDF
Price:FREE
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