How should the costs of issuing bonds be accounted for and classified in the financial statements?

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Intermediate Accounting principles and analysis

ISBN: 978-0471737933

2nd Edition

Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso

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Question Posted: Apr 29, 2020 06:17 AM

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Briggs and Stratton recently reported unamortized debt issue costs of $5.1 million. How should the costs of issuing these bonds be accounted for and classified in the financial statements?
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How should the costs of issuing bonds be accounted for and classified in the financial statements?

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Intermediate Accounting principles and analysis

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