please explain 3. What is the correct order from short maturity to long maturity?a) Treasury bill - Treasury note - Treasury bondb) Treasury note - Treasury bill - Treasury bondc) Treasury bill - Treasury bond - Treasury noted) Treasury note - Treasury bond - Treasury bill

Treasury instruments are issued at a deep discount and can range from a maturity of few days to few…

Answered: 3. What is the correct order from short…

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter13: Long-term Liabilities

Section: Chapter Questions

Problem 9Q: What kind of account is the Discount on Bonds Payable? What kind of account is the Premium on Bonds...

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Similar questions

q3. For accounting purposes, interest expense recognized on bonds payable should be based on theA. effective interest rate, considering the issue price and the transaction costs.B. nominal interest rate.C. rate stated on the face of the bonds.D. market rate of interest on the reporting date.
What kind of account is the Discount on Bonds Payable? What kind of account is the Premium on Bonds Payable?
What accounts are affected when bonds are issued at face value?
2 How is the interest paid to bondholders affected by the issuance of a bond at a discount or premium? Is interest paid on the face of the bond or the issue price?
Describe the accounting for bonds payable, including bonds issued at face amount, bonds issued at a discount , nd bonds issued at a premium ?
The carrying value on bonds equals Bonds Payablea. minus Premium on Bonds Payable.b. plus Discount on Bonds Payable.c. plus Premium on Bonds Payable.d. minus Discount on Bonds Payable.e. both a and bf. both c and d
interest payment for bonds is calculated using the face value of the bonds and the __________ A. market value B. market interest rate C. stated interest rate D. original cost
What is the principal repayment for a bond
On the balance sheet, the account Premium on Bonds Payable is: Select one: a. Added to Bonds Payable b. Added to Bond Interest Expense c. Deducted from Bond Interest Expense d. Deducted from Bonds Payable
Define each of the following terms:a. Bond; Treasury bond; corporate bond; municipal bond; foreign bond
The carrying value of Bonds Payable equalsa. Bonds Payable plus Discount on Bonds Payable.b. Bonds Payable minus Discount on Bonds Payable.c. Bonds Payable minus Premium on Bonds Payable.d. Bonds Payable plus Accrued Interest.
How is an interest payment on a bond calculated?

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3. What is the correct order from short maturity to long maturity? a) Treasury bill - Treasury note - Treasury bond b) Treasury note - Treasury bill - Treasury bond c) Treasury bill - Treasury bond - Treasury note d) Treasury note - Treasury bond - Treasury bill