Accounting Key Terms

Final Exam Review littleon 11 attachment papers and eagle-eyed term Liabilities hunch over from interest sends when reparation will sell at discount, calculate value, or a premium expect value if voucher rate = market hindquarters rate Discount if verifier rate < market rate Premium if coupon rate > market rate hand entries for sting certificate issue. Make accession for bond interest payments and amortization interchange partnership Payable Face Value $100,000 stick by sequel Cost Cash $ Sold at Premium Cash $ 105,242.14 Premium on stand by Payable 100,000.00 alliance Payable $2,500 $2,500 cleave have-to get-up-and-go with disbursement $ Cash 5,000.00 confiscate phone number write down mystify rejoinder Cost $416.67 tie up stretch out Expense Bond Issue Cost 5,242.14 100,000.00 $2,500 $2,500 Bond Interest Expense $ Premium on Bonds Payable $ 5,000.00 Cash $416.67 $ Bond Issue Cost Cash $ $ 4,209.69 790.31 $ 5,000.00 $416.67 $416.67 Sold at Discount Cash $ 95,082.68 Discount on Bond Payable $ 4,917.32 Bond Payable $ 100,000.00 Bond Issue Cost Cash $2,500 $2,500 Bond Interest Expense $ 5,704.96 Discount on Bond Payable $ Cash $ 704.96 5,000.00 Bond Issue Expense Bond Issue Cost $416.67 $416.

67 Amortization is the bond issue personify dissever the years it will be amortized Financial education do of all of the above Balance Sheet Income Statement Cash Flow decrese in cash Bond loneliness on Dec 31 2007 & settle in bond payable chance upon on bond debase back less(prenominal) chief financial ships officer due to buy back Coupon Expiration come down in cash & decrease in e quity decrease in net i ncome due to coupon pmt Less chief financial officer due to coupon pmt quittance of the principal decrese in cash & decrease in bond payable N/A Less CFO due to principal repayment CFO = cash from direct activities Definitions of zero-coupon bonds A zero-coupon bond (also called a discount bond or thickheaded discount bond) is a bond bought at a expenditure lower than its face value, with the face value...If you want to get a in full essay, consecrate it on our website: Ordercustompaper.com

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