Which of the following items would most likely be classifi ed as a fi nancing activity? A . Issuance of debt

Q: How do IFRS and U.S. GAAP differ with respect to the classification of debt that is expected to be…

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Q: definition and recognition criteria of liabilities

A: Liability is the obligation to be repaid or loss to be met in future.

Q: What is the debt with a subjective acceleration clause in the exposure draft, Topic 470?

A: The is based on the concept of accounting of debt and accounting treatment of debt in books of…

Q: Explain Classifications of Debt Investments.

A: Debt securities: Debt security is money borrowed at a specific rate of interest which must be repaid…

Q: What is the difference between general obligation bonds and revenue bonds?

A: General Obligation Bonds(GOs) are bonds that are backed by the "full faith and credit" of the issuer…

Q: What evidence is necessary to demonstrate the ability toconsummate the refinancing of short-term…

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Q: How is periodic interest determined for outstanding liabilities? For outstanding receivables? How…

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Q: How can we summarize the firm's ability to meet debt repayment obligations?

A: Debt repayment obligations: It means the repayment obligation for the debt held by the corporation.…

Q: Debt issuance costs are: Accounted for as a deduction from the equity balance on the balance sheet…

A: Equity, liabilities, and assets are part of the balance sheet of a company.  The balance sheet is…

Q: Which of the following loan commitments are within the scope of IPFRS 9? * Loan commitments that the…

A: the following loan commitments are within the scope of IPFRS 9:: Loan commitments that can be…

Q: How is Collateralized debt obligation created. Plelase explain in details

A: Collateralized debt obligation (CDO): Collateralized debt obligation (CDO) is the bundle of loans…

Q: when is stated interest rate of a debt instrument presumed to be fair?

A: Financial instruments are the contract those are traded in the market. the primary financial…

Q: Which of the following is stated correctly? a.    Current liabilities follow non-current liabilities…

A: Definition:   Liability: Liability is an agreement made by a company to pay a certain amount for the…

Q: GAAP requires that debt issue costs be recorded separately and amortized over the term of the…

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Q: describe the fi nancial statement presentation of and disclosures relating to debt

A: A single line component of the cumulative amount of a long-term firm's liability due after one year…

Q: what reporting categories are used to account for debt investments?

A:

Q: Is any special accounting treatment required for the assigning of accounts receivable in general as…

A: Accounts receivable: Accounts receivable refers to the amounts to be received within a short period…

Q: under the conceptual framework for internationai financial reporting a non-contraling interest fits…

A: Non-controlling interest Non-controlling interest is also referred to as the minority interest…

Q: Under PFRS 9, the classification of debt investments shall be made on the basis of:

A: Under PFRS, the classification of debt investment is done on the basis of the business model of…

Q: Demonstrate how to identify and account for debt investments classified for reporting purposes as…

A: A debt security is a type of investment tool in which the bonds are issued by a corporation or the…

Q: What are the issues in the exposure draft, Debt (Topic 470)? Analyze it

A: The FASB issued an Exposure draft titled debt(470) which aims at simplifying the classification of…

Q: Differentiate between debt financing and common share finan

A: Debt financing : Debt financing the form of capital that is borrowed from outside resources. This is…

Q: explain the derecognition of debt;

A: Derecognition of debt As bonds are issued, then an entity may leave a bond that is outstanding till…

Q: Discuss in brief the types of collateralized debt Obligation. Please explain in details.

A: Solution-  Collateral Debt Obligation [CDO] is a sophisticated project financing outcome that's also…

Q: Accounting The procedure that best reveals the existence of contingent debts is

A: Contingent liability is a liability that may or may happen on a future date that is based on an…

Q: When should a debt security be classified as held-tomaturity?

A: Debt securities: Debt security is money borrowed at a specific rate of interest which must be repaid…

Q: Clearly explain the difference between debt securities market and equity securities market

A: Equity securities market is the place where equities of corporates are traded, i.e. purchased and…

Q: The application of the present value factors in the computation of carrying amounts of bonds payable…

A: Introduction:- The following principal application for the present value factors in the computation…

Q: How shall an entity subsequently measure financial liabilities?  Is IFRS measurement of financial…

A: Financial liabilities can be measured at amortized cost by using effective interest method and it…

Q: How should a debt callable by the creditor be reported inthe debtor’s financial statements?

A: Liabilities: The claims creditors have over assets or resources of a company are referred to as…

Q: Differentiate between the use of receivables in financing arrangements accountedfor as a secured…

A: Meaning of Financing with Receivable Financing receivable is refer as the arrangement in which…

Q: Identify and explain the three types of classifications for investments in debt

A: Debt investments: The investments in debt securities are referred to as debt investments.   Debt…

Q: Explain an example how to record the purchase of debt investment.

A: When a debt investment is purchased , it is recorded as a asset in the books of the company as it is…

Q: How are gains and losses from extinguishment of a debt classified in the income statement? What…

A: Bonds payable: A legal contract for a long-term debt made between the lender and the beneficiary;…

Q: Identify and explain the three types of classifications forinvestments in debt securities.

A: Debt securities: Debt security is money borrowed at a specific rate of interest which must be repaid…

Q: Which of the following is classified as nonmonetary? a. Warranty liability b. Accrued expense c.…

A: The question is multiple choice question Required  Choose the Correct Option.

Q: On a balance sheet, what valuation must be reported for debt securities classified as…

A: Balance sheet: A balance sheet prepared after the income statement represented organization assets,…

Q: Define secured debt

A: The term debt refers to the money taken out a loan from individuals, financial institutions, or…

Q: What does the disclosure note for debt includes?

A: Debt securities: The financial instruments which are bought by investors, or corporations, or mutual…

Q: What is the term debt that addressed in the exposure draft, Topic 470?

A: Definition: The FASB issued an Exposure draft titled debt(470) which aims at simplifying the…

Q: Can you explain Collateralized debt obligation

A: A collateralized debt obligation (CDO) is a complicated dependent finance product this is…