Chapter 10

Last update by xxsjacksonxx on 09/29/2010
26623 People have viewed this Quiz
  • Share

Excess of bond's maturity value over its issue price

Answer:
Bond Discount
or
Discount (on a bond)

View Chapter 10 as Flashcard Deck

Related Quiz Content
  • xxsjacksonxx
    Answered in Chapter 10
    Excess of a bond's issue price over its maturity value.
    Bond Premium
    or
    Premium
  • xxsjacksonxx
    Answered in Chapter 10
    Groups of notes payable issued to multiple lenders called bondholders.
    Bonds Payable
  • xxsjacksonxx
    Answered in Chapter 10

    Bonds that the issuer may call or pay off at specified price whenever the issuer wants.

    Callable Bonds
  • xxsjacksonxx
    Answered in Chapter 10
    Bonds payable minus the discount or plus the premium
    Carrying Amount of Bonds
  • xxsjacksonxx
    Answered in Chapter 10
    A potential liability that depends on some future event.
    Contingent Liability
  • xxsjacksonxx
    Answered in Chapter 10
    Bonds that may be converted into the common stock of the issuing company at the option of the investor.
    Convertible Bonds
  • xxsjacksonxx
    Answered in Chapter 10
    Amount of the principal that is payable within one year.
    Current Maturity
    or
    Current portion of notes payable
  • xxsjacksonxx
    Answered in Chapter 10
    Unsecured bonds backed only by the good faith of the borrower.
    Debentures
  • xxsjacksonxx
    Answered in Chapter 10
    Method of amortizing bond premium or discount that uses the present-value concepts
    Effective Interest Method
    covered in Appendix A 
  • xxsjacksonxx
    Answered in Chapter 10
    Total amount of salary, wages, commissions, or any other employee compensation before taxes and other deductions.
    Gross Pay
  • xxsjacksonxx
    Answered in Chapter 10
    Earning more income on borrowed money than the related interest expense, thereby increasing the earnings for the owners of the business.
    Leverage
Chapter 10
Chapter 10
Total Views: 26623
vocab
Teams This Deck Belongs To
Deck does not belong to any team.
Flashcard Deck Tags