chapter12Investments课程.pptVIP

* Part IAppendix 12B—Impairment of a Receivable Due to a Troubled Debt Restructuring The original terms of the debt agreement may be changed as a result of financial difficulties experienced by the debtor. When this process occurs, it’s referred to as a troubled debt restructuring. Part II A troubled debt restructuring may involve the full settlement of the debt by the transfer of assets for equities from the debtor to the creditor. The creditor usually recognizes a loss on the settlement. The loss is not considered extraordinary. End of Chapter 12. On January 3, 2010, Matrix sold all