h*****3
发帖数: 27 | 1 BECKER上一道题：
On June 30, 1990, Huff Corp. issued at 99, one thousand of its 8%, $1,000
bonds. The bonds were issued
through an underwriter to whom Huff paid bond issue costs of $35,000. On
June 30, 1990, Huff should report
the bond liability at:
a. $ 955,000
b. $ 990,000
c. $1,000,000
d. $1,025,000
Explanation
Choice "b" is correct. $990,000 bond liability at 6/30/90.
"Bond issue costs" are a deferred charge and are not netted or included in
the carrying value of the bonds。
可是BECKER书上写的carrying v | c*******n
发帖数: 913 | 2 1) I believe this question is asking for what is the Bond liability...
Bond payable (CR) 1 M
Bond Discount (DR) .01M
Then the net bond liability will be .99M
2) The carrying value of the bond : (Use the book one)
carrying value= face value -/+ unamortized discount/
primium- umamortized bond issue costs |
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