All of the following statements regarding accounting treatments for liabilities under u. s. gaap and ifrs are true except: . accounting for bonds and notes under u. s. gaap and ifrs is similar. b. both u. s. gaap and ifrs require companies to distinguish between operating leases and capital leases. c. the criteria for identifying a lease as a capital lease are more general under ifrs. d. both u. s. gaap and ifrs require companies to record costs of retirement benefits as employees work and earn them. e. use of the fair value option to account for bonds and notes is not acceptable under u. s. gaap or ifrs.

A) Accounting for bonds and notes under US GAAP and IFRS is similar.

Explanation:

US GAAP and IFRS do not have the same accounting guideline for bond issue cost:

Under US GAAP, bonds payable is recorded at face value while premiums or discounts are recorded separately. While under IFRS, bonds payable is recorded using the carrying value, and amortization or premiums or discounts is done by using the effective-interest method.

c

explanation:

c because the item on a bank statement is also referred to as an account statement. in addition, it provides the beginning balance, ending balance, statement date, transaction date for each transaction, payee, customer name and address, statement period, the account holder's account number, and the bank's customer service number

answer; yield to maturity;