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Which the costs of issuing debt securities in a business

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Reference no: EM132992582

Problem 1: The costs of issuing debt securities in a business combination are

Group of answer choices

a. expensed

b. included in the initial measurement of the debt securities issued

c. accounted for like a "discount" on liability

d. b and c

Problem 2: A "gain on aa bargain purchase" is

Group of answer choices

a. any of these

b. recognized in profit or loss in the year of acquisition.

c. amortized in profit or loss over the lower of the legal life and estimated useful life

d. recognized in profit or loss in the year of acquisition only after reassessment of the asset acquired and liabilities assumed in the business combination.

Reference no: EM132992582

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