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14:30
YouTube
Business Lab at Home
Intermediate Accounting - Bond Amortization with the Effective Interest Method
Overview of amortizing a bond using the effective interest method. (0:22) - Purpose of amortizing a bond (3:48) - Comprehensive example detailing calculation of coupon payment, interest expense, and amount of amortization (10:55) - Journal entries when selling the bond and when recognizing interest expense, amortization, and coupon payment
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Nov 4, 2019
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