Accounting for Business Combinations: T/F: Cost of issuing debt instruments are excluded in the measurement of the liability as bond issue cost and should not be amortized over the life of the debt

Question

T/F: Cost of issuing debt instruments are excluded in the measurement of the liability as bond issue cost and should not be amortized over the life of the debt

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False, they are included in the measurement of the liability as bond issue cost and amortized over the life of the debt

Accounting for Business Combinations

T/F: Cost of issuing debt instruments are excluded in the measurement of the liability as bond issue cost and should not be amortized over the life of the debt

False, they are included in the measurement of the liability as bond issue cost and amortized over the life of the debt

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