Straight-Line Method of Amortization Definition and Application
Therefore, premium amortized yearly can be used to adjust or reduce tax liability created by interest income generated from such bonds. The straight line method of amortization allocates the discount equally https://exactnews.ru/analitiki-predupredili-o-novoj-opasnosti-dlya-rublya-iz-za-covid/ over the life of the bond. An entry will usually be made on every interest date and if necessary, an adjusting journal entry
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