Enumerate the following;32. Provides for recognition of an equal amount of premium or discount amortization each period. 33. Bonds that mature in one lump sum at a specified future date. 34. Bonds that provide for conversion into some other security at the option of the stockholder. 35. Bonds that mature in a series of installments at future dates. 36. The difference between the face value and the sales price when bonds are sold below their face value. 37. Bonds for which assets are pledged to guarantee repayment. 38. Obligations that are not expected to be paid in cash within one year or the normal operating cycle. 39. Bonds that do not bear interest but instead are sold at significant discounts providing the investor with a total interest payoff at maturity. 40. Costs incurred by the issuer for legal services, printing and engraving, taxes, and underwriting in connection with the sale of a bond.

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FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Enumerate the following;

32.	Provides for recognition of an equal amount of premium or discount amortization each period.
	33.	Bonds that mature in one lump sum at a specified future date.
	34.	Bonds that provide for conversion into some other security at the option of the stockholder.
	35.	Bonds that mature in a series of installments at future dates.
	36.	The difference between the face value and the sales price when bonds are sold below their face value.
	37.	Bonds for which assets are pledged to guarantee repayment.
	38.	Obligations that are not expected to be paid in cash within one year or the normal operating cycle.
	39.	Bonds that do not bear interest but instead are sold at significant discounts providing the investor with a total interest payoff at maturity.
	40.	Costs incurred by the issuer for legal services, printing and engraving, taxes, and underwriting in connection with the sale of a bond.

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