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13. Match each of the following terms with its appropriate description. a. Mortgage. h. Term bonds. b. Captial lease. i. Callable bonds. c. Deferred income
13. Match each of the following terms with its appropriate description. | ||||||||||||
a. | Mortgage. | h. | Term bonds. | |||||||||
b. | Captial lease. | i. | Callable bonds. | |||||||||
c. | Deferred income taxes. | j. | Serial bonds. | |||||||||
d. | Debenture bonds. | k. | Convertible bonds. | |||||||||
e. | Bond indenture. | l. | Registered bonds. | |||||||||
f. | Premium. | m. | Coupon bonds. | |||||||||
g. | Discount. | |||||||||||
1 | A long-term debt secured by real property. | ____ | ||||||||||
2 | Result from using straight-line depreciation for financial reporting and an accelerated method to calculate income tax liability. _____ | |||||||||||
3 | A contract that defines the rights, privileges, and limitations of the bondholders. ______ | |||||||||||
4 | The excess of the face value over the issue price. | ________ | ||||||||||
5 | Issued on the basis of a corporations general credit. ________ | |||||||||||
6 | The bonds of an issue mature on different dates. | _____ | ||||||||||
7 | The issuer has the right to buy back and retire the bonds before maturity at a specified price, usually above face value. | ______ | ||||||||||
8 | The issuing organization keeps a record of the bondholders names and addresses and pays them interest by check. | ______ |
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