Account 428, Amortization of debt discount and expense.
18 C.F.R. § 367.4280
in effectEffective: 2024-07-01(a) This account must include the amortization of unamortized debt discount and expense on outstanding long-term debt. Amounts charged to this account must be credited concurrently to accounts 181, Unamortized debt expense (§ 367.1810), and 226, Unamortized discount on long-term debt—Debit (§ 367.2260).
(b) This account must be kept or supported so as to show the debt discount and expense on each class and series of long-term debt.
Source: eCFRURL: https://www.ecfr.gov/api/versioner/v1/full/2024-07-01/title-18.xmlFetched: 7/26/2026