老师，官网这道题解析下，不太懂

Which of the following statements related to the derecognition of debt is correct?

1. Under US GAAP, debt issuance costs are accounted for as bonds payable.
2. Under IFRS, debt issuance costs are excluded from the carrying amount.
3. Under US GAAP, any unamortized debt issuance costs must be written off at the time of redemption.

Solution

Solution

C is correct. Under US GAAP, any unamortized debt issuance costs must be written off at the time of redemption and included in the gain or loss on debt extinguishment. 

B is incorrect because, under IFRS, debt issuance costs are included (not excluded) in the measurement of the liability and are thus part of its carrying amount. 

A is incorrect because, under US GAAP, debt issuance costs are accounted for separately from bonds payable and are amortized over the life of the bonds. 

Non-Current (Long-Term) Liabilities Learning Outcome

1. Explain the derecognition of debt