Accounting Tools

MARCH 25, 2024

What is Bond Retirement? A bond retirement occurs when an organization repurchases bonds that it had previously issued to investors. There are three scenarios in which a bond retirement can occur, which are as follows: Maturity date arrives. Issuer calls the bonds. Investors convert the bonds.

Corporate Finance 40

Corporate Finance Accounting Accounting 40

Accounting Tools

JULY 12, 2023

Related Courses Accounting for Investments Corporate Finance GAAP Guidebook What is a Gain on Retirement of Bonds? A gain on retirement of bonds occurs when a bond issuer buys back bonds for less than the amount of the associated liability. The carrying amount of the bond is therefore $104,000.

Corporate Finance 40

Corporate Finance Accounting Accounting 40

Counto

JANUARY 18, 2024

This includes various allowances but excludes employer’s provident fund contributions, employee on-the-job expenses, travel allowances, and retirement benefits. Frequency of Salary Disbursement : In accordance with the Employment Act, Singapore employers must pay salaries at least once a month.

Payroll 52

Payroll Deposits Tax Accounting 52