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This tutorial should be fairly straightforward if you understood how to amortize a discount on notes receivable. We've received a note receivable from the issuer (Wolverine Labs) and we'll go about recognizing it, making the required adjustments and derecognizing it by the end. We also fill out another amortization schedule throughout the video. REMEMBER, if the coupon rate is greater than market rate, it's a premium. If the coupon rate is less than market rate, it's a discount. Website: http://www.notepirate.com Follow us on Facebook: https://www.facebook.com/pages/Note-P... Follow us on Twitter: / notepirate We appreciate all of the support you guys have given us. Be apart of the mission to help us reach more students by subscribing, thumbs upping and adding the videos to your favorites! * Notepirate is privately owned and exclusive to Notepirate.com.*