Understanding Interest Expense for Bonds: Par, Discount, and

School
Columbia University**We aren't endorsed by this school
Course
ACCT 281
Subject
Accounting
Date
Dec 11, 2024
Pages
1
Uploaded by EarlMusic703
Recap 1. For par bonds, Interest Expense = Cash Interest Payments 2. For discount bonds, Interest Expense > Cash Interest Payments 3. For premium bonds, Interest Expense < Cash Interest Payments
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