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Zero Interest Bearing Note Example [Video]

Zero Interest Bearing Note Example

A company that issues a zero-interest-bearing note doesn’t make periodic interest payments. Instead, the company agrees to receive less cash than the note’s face value. The difference between the amount of money received and the amount of money the issuer of the note is promising to pay is called the discount. The discount represents implicit interest on the note.

To calculate the amount of cash the issuer will receive for the note, discount the face value of the note (the amount the issuer is promising to pay) to its present value. The discount rate used to perform the calculation is the implicit interest rate for the note.

At the end of each period, the issuer of the note would multiply the note’s carrying value by the implicit interest rate to calculate the interest expense for that period.

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Resources for Accountants

Negotiation Skills: How to Prepare for Successful Negotiations [Video]

Negotiating is a valuable skill that can help you achieve your goals in various aspects of life, from business deals to personal relationships. To excel in negotiations, it's crucial to be well-prepared. This guide will walk you through the steps to prepare effectively for successful negotiations.Get free business and management guides, tools, and worksheets at: https://www.bizmove.com

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Resources for Accountants

All About US CPA Eligibility | CPA | CPA Course | Simandhar Education [Video]

All set to enhance your Accounting & Finance career with a US CPA course? Know all about the eligibility before you get started.Watch this video to know more!#ThinkCPAThinkSimandhar #cpa #uscpa #cpaexaminIndia #cpaevaluation"Simandhar Education will help you ace the CPA, CMA, EA, CIA, and IFRS certifications. For any further information regarding the courses, you can feel free to reach out to our expert counselors at 𝟕𝟕𝟖𝟎𝟐𝟕𝟑𝟑𝟖𝟖. Drop your Details: https://bit.ly/3wf2fD4 ------------------***-----------------***---------------------***---------------------***-----------------------𝗔𝗯𝗼𝘂𝘁 𝗦𝗶𝗺𝗮𝗻𝗱𝗵𝗮𝗿 𝗘𝗱𝘂𝗰𝗮𝘁𝗶𝗼𝗻Simandhar Education is a leading training provider for US CPA, US CMA, CIA, EA, and IFRS. Simandhar Education always believes in transforming education and providing high standards of learning to the students. We are the channel partner of AICPA and the official partner of Becker Education, the most acclaimed CPA reviewer in the USA. We believe in imparting information and concentrate on grooming individuals and make them fit for the corporate world. The academy provides quality education with more emphasis on practical knowledge. Simandhar Education has a wide network of world-class trainers, teachers, and industry experts, and all the teachers at Simandhar are CPA qualified and rank holders. We also provide guaranteed placement support to the students and personal grooming sessions for the interviews. "𝗦𝗶𝗺𝗮𝗻𝗱𝗵𝗮𝗿 𝗔𝗰𝗵𝗶𝗲𝘃𝗲𝗺𝗲𝗻𝘁𝘀Simandhar education has over 3000 enrolled students and has successfully placed more than 200 students across reputed firms. We have a team of 10 leading faculties and have effectively conducted 100+ corporate events in the CPA/ CMA domain. Contact Us: +91- 7780273388 or leave a message on social media.Make sure to hit the like, share and subscribe to our YouTube channel.To get more updates on the YouTube Channel click: http://bit.ly/2Mt2BB1Now you can listen to our podcast at https://bit.ly/36PYQPP ------------------------------- 𝐅𝐨𝐥𝐥𝐨𝐰 𝐮𝐬 -----------------------------------Make Sure to follow us on our Social Media Channels:Podcast: https://bit.ly/36PYQPPInstagram: https://zcu.io/TNgDLinkedin: https://bit.ly/2Oh9w5dFacebook: https://zcu.io/gDvXTwitter: https://zcu.io/17cSThink CPA / CMA - Think Simandhar

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Entrepreneurship Mistakes from Hell | How to Start a Startup [Video]

Embarking on the journey of entrepreneurship is akin to riding a roller coaster blindfolded—it's exhilarating, unpredictable, and fraught with potential pitfalls. While mistakes are an inevitable part of the entrepreneurial journey, some are more catastrophic than others. These "mistakes from hell" can derail even the most promising ventures, leaving entrepreneurs reeling and searching for ways to recover. Let's explore some of these missteps that have the potential to turn an entrepreneurial dream into a nightmare.

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Difference between an auditor specialist and a company or management specialist [Video]

Rachel is looking to "close the GAAP" on the difference between an auditor specialist and a company or management specialist. Check out her quick video explanation here! If you are interested in learning more, explore our eLearning course on Using the Work of Specialists: https://www.gaapdynamics.com/product/using-the-work-of-specialists/