How are debt issuance costs accounted for if they are incurred before any proceeds are received?
Debt issuance costs
All Replies
Viewing 1 replies (of 1 total)
- You must be logged in to reply to this topic.
How are debt issuance costs accounted for if they are incurred before any proceeds are received?
Viewing 1 replies (of 1 total)
You would defer the issuance costs as an asset and reclass them as a discount to the debt when the proceeds are received.