WebAfter initial rcognition, bonds payable shall be measured at A. Amortized cost using the effective interest method B. Fair value through profit or loss by irrevocable disgnation C. Amoritzed cost using the effective interest method or … WebActually, the fair value of the bonds payable is the same as the issue price or net proceeds from the issue of the bonds, excluding accrued interest. Explain the subsequent measurement of bonds payable. PFRS 9, paragraph 5.3, provides that after initial recognition, bonds payable shall be measured either: a.
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Web• PFRS 9, par 5.1.1, an entity shall measure INITIALLY a financial liability at fair value minus, in the case of financial liability not designated at fair value through profit/loss, transaction costs that are directly attributable to the issue of the financial liability. Web29.Under the fair value options, bonds payable shall be measured initially at? a. Fair Value b. Face Amount c. Fair Value plus bond issue cost d. Fair Value minus bond issue cost 30.The rate of interest actually earned by bondholders is called the? a. Stated rate. b. Yield rate. c. Effective rate. d. Effective, yield, or market rate. robotic express
22.docx - 1. Explain the measurement of bonds payable
WebStudy with Quizlet and memorize flashcards containing terms like 1. Which accounting definition is provided by the Accounting Standards Council? a. Accounting is a service activity. Its function is to provide quantititatvie information, primarily financial in nature, about economic entities, that is intended to be useful in making economic decision. b. … WebAfter initial recognition, bonds payable shall be measured at Amortized cost using the effective interest method or fair value through other comprehensive income Fair value through profit or loss by irrevocable designation Amortized cost using the effective interest method or fair value through profit or loss byirrevocable designation Amortized … WebBond with a par value of P5.0 million carrying a stated interest rate of 12% payable semi-annually on March 1 and September 1 were purchased on August 1. The total payments … robotic faceting