The Bonds are issued at par, the carrying amount of bonds is the nominal value of bonds issued. However, if the bonds are issued at premium, the carrying amount of bonds in the books will be sum total of nominal value of bonds and the amount of unamortized premium as on particular date shall be taken. When the bonds are issued at discount, then unamortized value of discount on particular date shall be deducted from the nominal value of bonds to arrive at carrying amount of bonds. The computation of carrying amount of bonds to be shown in the books in case of bonds issued at discount or premium need to be determined.
The Bonds are issued at par, the carrying amount of bonds is the nominal value of bonds issued. However, if the bonds are issued at premium, the carrying amount of bonds in the books will be sum total of nominal value of bonds and the amount of unamortized premium as on particular date shall be taken. When the bonds are issued at discount, then unamortized value of discount on particular date shall be deducted from the nominal value of bonds to arrive at carrying amount of bonds. The computation of carrying amount of bonds to be shown in the books in case of bonds issued at discount or premium need to be determined.
Definition Definition Calculates the present value of a bond's expected future periodic coupon payments. Bond valuation determines the theoretical fair value of a particular bond and helps investors estimate what rate of return they could expect. The bond's theoretical fair value is computed by discounting the future cash flows or coupon payments by an applicable discount rate.
Chapter 14, Problem 10RQ
To determine
The Bonds are issued at par, the carrying amount of bonds is the nominal value of bonds issued. However, if the bonds are issued at premium, the carrying amount of bonds in the books will be sum total of nominal value of bonds and the amount of unamortized premium as on particular date shall be taken. When the bonds are issued at discount, then unamortized value of discount on particular date shall be deducted from the nominal value of bonds to arrive at carrying amount of bonds.
The computation of carrying amount of bonds to be shown in the books in case of bonds issued at discount or premium need to be determined.
Audit, Fraud, Or Forensic Accounting
Introduce yourself to your peers by sharing something unique about your background. Explain how you expect this course will help you move forward in your current or future career.
This course covers forensic accounting, so it's important to establish the differences between an audit, a fraud examination, and a forensic accounting engagement. Think about the fraud conviction of Elizabeth Holmes, as described in the video, "Elizabeth Holmes Found Guilty in Theranos Fraud Trial."
Then respond to the following:
Imagine you are assigned to the Theranos case.
Write the first five questions you would ask if you were an auditor, the first five questions as a fraud examiner, and the first five as a forensic accountant.
After your questions, explain why the questions and approaches are different among the three roles.
Be sure to respond to at least one of your classmates' posts.
Financial Account subject
ACCOUNT QUESTIONS
Chapter 14 Solutions
Horngren's Accounting, The Financial Chapters, Student Value Edition Plus MyLab Accounting with Pearson eText -- Access Card Package (11th Edition)
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