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Management Needs to Monitor the Internal Control System,just Like Any

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Management needs to monitor the internal control system,just like any other system.Any control deficiencies spotted by employees should be reported immediately to management.

Learn to prepare journal entries for bond issuances, interest payments, and amortization of bond discounts or premiums.
Understand the concept of bond amortization schedules and the straight-line amortization method.
Learn how bond market rates influence bond issuance prices.
Recognize the accounting treatment for callable bonds and their repurchase.

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