How to calculate amortization accounting

    • [DOC File]Issues in Accounting Education Vol

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      b 80. Calculate amortization of prior service cost. c 81. Calculate interest cost. b 82. Determine actual return on plan assets. b 83. Calculate the unexpected gain on plan assets. a 84. Determine the corridor. a 85. Calculate amortization of unrecognized net gain. c 86. Calculate accrued pension cost recognized in the balance sheet. a 87.

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    • [DOC File]WordPress.com

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      Issues in Accounting Education . Vol. 12. No. 2 . Fall 1997. Blockbuster Video. David R. Vruwink and Brenda L. Knoeber. ABSTRACT: Blockbuster Video is a case study that covers the matching principle, ordinary vs. extraordinary income, amortization of goodwill and the relationship between accounting information and market efficiency.

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    • [DOC File]CHAPTER 20

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      You are also required to calculate the amortization of the bond discount and the carrying value of the bond at the end of the year for each year of the life of the bond using straight-line amortization. Date Interest Expense Amortization of Discount Discount Carrying Value of Bond Jan. 1, 2000 2,400 237,600 Jul. 1, 2000 11,200 400 2,000 238,000 ...

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    • [DOC File]accountingreviewmaterials « Be a CPA with or without a ...

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      Amortization of prior service cost–OCI (2009 amortization) 4 Amortization of net loss–OCI (2009 amortization) 1. To record funding ($ in millions) Plan assets 45 Cash (contribution to plan assets) 45. Requirement 2 . To record gains and losses ($ in millions) Loss–OCI ($20 – 15 loss due to return on assets being less than expected) 5

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    • How to Calculate Amortization: 9 Steps (with Pictures ...

      To record amortization of an intangible asset, a company increases (debits) Amortization Expense, and decreases (credits) the specific intangible asset. (Unlike depreciation, no contra account, such as Accumulated Amortization, is usually used.) Intangible assets …

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    • [DOC File]CHAPTER 12

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      (a) Compute 2005 amortization, 12/31/05 carrying value, 2006 amortization, and 12/31/06 carrying value if the company amortizes the patent over 10 years. (b) Compute the 2007 amortization and the 12/31/07 carrying value, assuming that at the beginning of 2007, based on new market research, Lerner determines that the fair value of the patent is ...

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    • [DOC File]Chapter 16 Accounting for Plant Assets and Depreciation

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      b 79. Calculate amortization of prior service cost. c 80. Calculate interest cost. b 81. Determine actual return on plan assets. c 82. Calculate the unexpected gain on plan assets. b 83. Determine the corridor. b 84. Calculate amortization of net gain. a 85. Calculate pension asset / liability recognized in the balance sheet. c 86. Calculate ...

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    • [DOC File]Accounting for Plant Assets

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      Define amortization—the periodic write-off of an intangible asset which is the allocation of the cost of an intangible asset to expense over its useful life in a systematic and rational manner. Describe and illustrate entries for intangible assets and amortization. A contra asset account is not used to record amortization …

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    • [DOC File]Practice Problem 2

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      b 87. Calculate patent amortization. a 88. Calculate trademark amortization. b 89. Calculate patent amortization. c 90. Calculate goodwill amount. c 91. Calculate goodwill amount. d 92. Calculate amount of goodwill. a 93. Calculate goodwill impairment. b 94. Proper accounting when fair value of net assets acquired exceeds cost. b 95. Calculate ...

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