Unamortized Discount On Loan - Best Coupon Codes
Answered: Kwell Co. owes Kuto Bank P4,000,000… bartleby. CODES (4 days ago) The unamortized discount on the loan is P80,000. The debt is a 10-year, 12% loan. During 20x1, Kwell’s business deteriorated due to loss of demand for its services. On December 31, 20x1, Kuto Bank agrees to accept old equipment and cancel the entire debt.