Accounting question

[categ]

Do you need to know what the number represents or how the figure was computed?

I didn't go through all the computations to get to the figure but.... it represents full 6 months of the discount on the interest expense. Interest is paid every 6 months, it would be the next adjustment to the interest expense due to be paid in March 2008.

That figure must then be reduced by 2 months to come up with the amount attributable to the 4 months in 2007(ending in 12/07 for end of the year tax purposes). So the reduced amount represents Sept, Oct, Nov, and December


Did I get close to the answer you needed?