Unlike assets and liabilities, expenses are related to revenue, and both are listed on a company’s income statement. In a business or financial sense, a liability is a debt or fiscal obligation, like a mortgage or a loan. A limited liability company means if the company fails, the partners are on the hook for only...Read More

Contents: What is the Amortization of Bond Premium? Methods of Amortization of Bond Premium Calculation The amortization of a bond premium: A. Decreases the carrying value of a bond and increases… Long Term Debt to Asset Ratio These calculations are applied individually to each maturity within a series when using the Effective Interest Rate method....Read More