Question
____8. Which of the following is NOT a characteristic of bonds? Secured bonds Coupon bonds Variable bonds Serial bonds All of these ____9. The total
____8. Which of the following is NOT a characteristic of bonds?
Secured bonds
Coupon bonds
Variable bonds
Serial bonds
All of these
____9. The total interest expense associated with a bond issue is the sum of the actual
interest payments:
Plus any related bond discount
Plus any related bond premium
Minus any related bond discount
Minus any related bond premium
Both A and D
___10. The amount at which bonds payable should be shown on the balance sheet is their face value:
Plus any related un-amortized bond discount
Minus any related un-amortized bond discount
Plus any related un-amortized bond premium
Minus any related un-amortized bond premium
Both A and C
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College Accounting A Practical Approach
Authors: Jeffrey Slater
12th edition
978-0132772068, 133468100, 013277206X, 9780133468106, 978-0133133233
