Common use of Certificates of investment Clause in Contracts

Certificates of investment. (COI) / deposits COI / deposits are initially recorded at the amount of proceeds received. Mark-up is accrued under effective interest rate method on a time proportion basis.

Certificates of investment. (COI) / deposits COI / deposits are initially recorded at the amount of proceeds received. MarkXxxx-up is accrued under effective interest rate method on a time proportion basis.