how are the origination fees borne by the borrower accounted for in relation to the initial measurement of a loan receivable a. Added to initial measurement of the loa receivable b. Deducted from the initial measurement of the loan receivable c. Ignored d. Either added to or deducted from the initial measurement of the loean receivable if the origination fees are at leasr 10% of the proncipal amount of the loan
how are the origination fees borne by the borrower accounted for in relation to the initial measurement of a loan receivable a. Added to initial measurement of the loa receivable b. Deducted from the initial measurement of the loan receivable c. Ignored d. Either added to or deducted from the initial measurement of the loean receivable if the origination fees are at leasr 10% of the proncipal amount of the loan
Chapter9: Accounting For Receivables
Section: Chapter Questions
Problem 19MC: Which of the following is true of a maturity date? A. It must be calculated in days, not in months...
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how are the origination fees borne by the borrower accounted for in relation to the initial measurement of a loan receivable
a. Added to initial measurement of the loa receivable
b. Deducted from the initial measurement of the loan receivable
c. Ignored
d. Either added to or deducted from the initial measurement of the loean receivable if the origination fees are at leasr 10% of the proncipal amount of the loan
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