Straight-line method
Straight-line method is a method recognizing equal amounts of interest expense for each period when amortizing a bond discount or premium.
Contents
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Straight-line method. A method recognizing equal amounts of interest expense for each period when amortizing a bond discount or premium.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
Related coursework
Straight-line method (hereinafter, the Method) is a method that allocates an equal amount of depreciation over an asset's period of usefulness.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Straight-line method. Method that allocates an equal amount of depreciation over an asset's period of usefulness.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
