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  2. Topic
    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 12: Non-Current Liabilities, Debentures Payable and Classification of Liabilities on the Balance Sheet
  5. Question
    The Australian Accounting Standards Require That Debenture Premiums or Discounts
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The Australian Accounting Standards Require That Debenture Premiums or Discounts

Question 26

Question 26

True/False

The Australian Accounting Standards require that debenture premiums or discounts be amortised using the straight-line method.

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