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What is the Meaning of unamortized discount of bonds payable?

Unamortized discount on bonds payable refers to the difference between the face value of a bond and its issue price when the bond is sold for less than its par value. This discount is not immediately expensed but is amortized over the life of the bond, gradually increasing the bond's carrying value on the balance sheet. As the discount is amortized, it affects interest expense, resulting in higher interest costs in the early periods compared to later ones.


Is equipment or goodwill allocation better when purchasing a company?

# Typically, the buyer wants to allocate as much of the purchase price as possible to assets with the fastest tax write-offs - that is, those with the shortest depreciation periods. # For this reason, the buyer generally wants to attribute most of the price to business equipment and fixtures. Usually equipment and fixtures can be depreciated over three, five, seven or 10 years. # The buyer also generally wants to assign smaller values to intangible assets, because they have a long tax write-off period, 15 years. # Goodwill may not be amortized, so a buyer emphatically will want to allocate the minimum amount to goodwill. ## Still, in transferring a trademark, goodwill must be specifically transferred as well or the trademark will be lost - so something must be allocated to goodwill.


What type of account are deferred commissions?

Deferred commissions are typically classified as an asset on the balance sheet, specifically as a prepaid expense or an intangible asset. This classification arises because they represent costs incurred for commissions that will be recognized as expenses in future periods when the related revenue is recognized. Essentially, they reflect the future economic benefit expected to be realized from sales efforts that have already been made.


When are Kmart pay periods?

Biweekly.


What accounts are classified as assets in the company's chart of accounts?

In a company's chart of accounts, assets are classified into several categories, including current assets and non-current assets. Current assets typically consist of cash, accounts receivable, inventory, and short-term investments, which are expected to be converted into cash or used within a year. Non-current assets include long-term investments, property, plant and equipment, and intangible assets, which are held for longer periods. These classifications help in tracking the company’s resources and financial health.

Related Questions

What is an example of an amortized expense?

The costs of long-lived intangible assets, such as patents, are allocated across time periods and reclassified as amortization expense.


How do you say she's my love in French?

elle est mon amour ~she's my love Elle est mon amour ~She's my love Elle est mon amour. ~She's my love. elle est mon amour. she's my love. I know all of these different results don't look so different but the difference between them is that some are capitalized with periods, some or capitalized with no periods, some aren't capitalized with periods, and some aren't capitalized with no periods. And good luck with your love!


Is californio capitalized?

Any place, thing, or person is capitalized


What do you mean by technical feasibility?

'Technological Feasibility' is established upon completion of a detailed program design or a working model [in regards to setting standards for software accounting]. This is important in regards to how to treat costs incurred with production of software products... before ['Technological Feasibility'] is established, costs are a 'Research + Development' expense. Once 'Technological Feasibility' established costs are capitalized and amortized to the current and future periods.


Do you capitalize LPN?

If you are referring to a Licensed Practical Nurse, then you do capitalize


What should be capitalized in European culture?

Proper nouns (e.g. names of specific countries, cities, events, or historical periods) and the pronoun "I" are typically capitalized in European culture. Adjectives derived from proper nouns (e.g. European, French) are also capitalized when referring to specific types of culture or people.


Are musical periods capitalized?

Not unless it's used at the very beginning of a sentence. (e.g. Trumpets can be very loud.)


What is the Meaning of unamortized discount of bonds payable?

Unamortized discount on bonds payable refers to the difference between the face value of a bond and its issue price when the bond is sold for less than its par value. This discount is not immediately expensed but is amortized over the life of the bond, gradually increasing the bond's carrying value on the balance sheet. As the discount is amortized, it affects interest expense, resulting in higher interest costs in the early periods compared to later ones.


Is Louisiana a state?

LA (Capitalized with no periods) could be taken as the abbreviation for Louisiana which is a state.L.A. (With periods) however is generally the abbreviation for Los Angeles, California which is a city.yes


How do you spell nuk?

A missile is a "nuke", microwaving is sometimes referred to as "nuking" your food, and the brand of baby pacifier is a NUK (capitalized, with no periods.)


How do you calculate average amortization period?

To calculate the average amortization period, you need to determine the total amortization expense over a specific time frame and divide it by the annual amortization expense. Alternatively, you can sum the individual amortization periods for all relevant assets and divide by the number of assets. This gives you the average time it takes for the assets to be amortized. Ensure that the periods are in consistent units (e.g., years) for accurate calculation.


What is the punctuation for CEO?

Acronyms should always be capitalized (although take care when you pluralize them: the 's' should remain lower case). As to using periods, generally they are not used for acronyms based on initials, such as CEO. Therefore, "CEO" as you have written it in the question is correct.