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Re: What should be product type category if debt issue cost and debt discount are to be amortised in same transaction?

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Hi Renatas,

 

It is a debt transaction which pays interest monthly , sometimes capital increases or decreases, has partial repayments and has a final repayment. It also has debt issue cost and debt discount which need amortisation. It is like a time instrument i.e. one debt created and accounted till end and no purchase / sale is involved. We are trying to use amortisation procedure for this activity.

 

Regards,

Sweta


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