読者です 読者をやめる 読者になる 読者になる

USCPA 過去問 Bond

来ましたよ、ずっと後回しにしてたBond 
意外に論点の量は少なそうだから、ぱっぱと終わらしたいな。。。
 
下のようなのは、基本問題。
覚えるべき手順は:
Face value x interest rate (社債発行時にくっついてくるやつ)= もらうべき金利
Discounted purchase price x yield rate = Interest income 利息収入
 
Planned interest - interest income = Amortization 
 
Purchase price + total year(amortization in a year) = face (その年計上するべきBond金額)
Discount額は、年々、元の金額に近づく計算になるはずなので。
 
また、支払頻度にも注意!!Annually なのか、Semiannually なのか。
 
On July 1, year 6, Fox Company purchased 400 of the $1,000 face amount, 8% bonds of Dey Corporation for $369,200 to yield 10% per annum. The bonds, which mature on July 1, year 11, pay interest semiannually on January 1 and July 1. Fox uses the effective interest method of amortization and the bonds are appropriately recorded as a long-term investment.
The bonds should be reported on Fox's December 31, year 6, balance sheet at?
  • $397,540
  • $374,120
  • $371,660
  • $366,740

 

 

 

Bond Liability = issuer's discounter(premiumed) issuing price - issue cost paid to underwriter と計算しても出せます。

On June 30, Huff Corp. issued at 99, one thousand of its 8%, $1,000 bonds. The bonds were issued through an underwriter to whom Huff paid bond issue costs of $35,000. On June 30, Huff should report the bond liability at
  • $ 955,000
  • $ 990,000
  • $1,000,000
  • $1,025,000

 $1000 x 1000 unit = 1000000

issue @ 99 = 1000000 x 0.99 = 990000

Issue cost paid to underwriter (引受人・保険業者?)をマイナス

990000 - 35000 = 955000 ( bond liability to be recorded)