-capital-credit-corp-hcap-ceo-joseph-jolson-q1-2019-results-earnings-call-transcript’ target=’_blank’>Harvest Capital Credit Corp. (HCAP) CEO Joseph Jolson on Q1 2019 Results – Earnings Call Transcript – We recognize fees amortization income of $250. In addition, we also recognize a $140,000 fees which consist primarily of prepayment fees from the previously affirmation first quarter investment.
Prepaid expenses procedure – AccountingTools – Prepaid expenses is an area in which a company’s financial results can be manipulated by artificially capitalizing expenses that should have been recognized under the matching principle . The following procedure is designed to reduce the risk of prepaid expense manipulation, as well as provide f
Bank Of America: Accelerating RMBS Premium Amortization Is The Biggest Risk – As underlying mortgages in the What are Prepayments And Its Accounting Treatment. – Being transfer of the portion of expenses not expired/consumed into prepayment account (balance sheet) leaving $4,000 as expenses in the Income statement. · Another accounting method is to treat the expenditure of $10,000 as prepayments as current assets in the Balance Sheet instead of the first method of taking up as expenses.