NO.PZ2016012102000199
问题如下:
Here is some information about the BIM corporation's bonds redemption under U.S. GAAP. Which of the following is most accurate?
- call price=$223,000
- on the call date:
- face value=$200,000
- unamortized issue costs=$15,230
- carrying value=$260,000
选项:
A. Report a gain of $21,770.
B. Report a loss of $17,500.
C. Report a gain of $37,000.
解释:
A is correct.
Under U.S. GAAP, unamortized issue costs are reported on the balance sheet as an asset and are not included in the book value of the bond liability.
Thus, the remainder of the issue costs must be written off when the bond is redeemed.
Gain or loss on redemption = carrying value - reacquisition price - unamortized issue costs = 260000-223000-15230= +21770---gain
考点: 发行成本摊销和核销
在美国准则下,债券的发行成本将作为一项资产,确认在B/S上,然后逐年摊销到I/S中。
因此,当债券被赎回时,剩余的未摊销完毕的发行成本也要一核销written off。
赎回的Gain or Loss = 账面价值 - 回购金额 - 未摊销的发行成本 = 260 k = 223 k - 15.23 k = 21.77k 。
这道题的carry value 是net book value 吗?还是指初始融资金额,尚未摊销?