1.) How should bond issue costs be accounted for on the books of the issuing corporation?

2.) A zero-coupon bond pays no interest. Explain.

3.) Discuss the financial statement disclosure requirements for all leases entered into by the lessee.

4.) Discuss the three major types of leases that may apply to the lessor when there is no third party guarantee. How do they differ?

5.) What amounts are considered to be lease payments when the lessee calculates the right-of-use asset and lease payable?