extraordinary loss
1.When bonds are retired before maturity, these steps must be followed ① Record partial period amortization of premium or discount, if date is other than an interest payment date. ② Write off the portion of Premium or Discount that relates to the portion of bonds being retired. ③ Calculate extraordinary gain or loss on retirement.
2.Our constitution is so simple, so practical, that it is possible always, to meet extraordinary needs, by changes in emphasis and arrangements without loss of a central form.
3.The Osaka-Kobe Earthquake which happened in Osaka and Kobe of Japan in January, 1995, has been the one which brought about the most disastrous loss since Kyoto Earthquake in 1923. Except for the extraordinary destruction of the 7 degree earthquake itself, the serious dereliction of Japanese government in this public crisis management is the man-made cause for the fatal result of the earthquake.
