
| Word Clue | Answer |
Unscrambled Answer | |
| 1. | Bond __________ usually occurs every six months. | TESIETNR | INTEREST |
| 2. | A bond's principal comes due on the bond's ____________ date. | TAUYMTIR | MATURITY |
| 3. | A bond is reported on the issuer's balance sheet as a __________. | YLIBTILAI | LIABILITY |
| 4. | A bond that is not secured by property. | ERTBNUEDE | DEBENTURE |
| 5. | If a bond is issued for less than its face value, ________ on Bonds Payable is recorded. | USITODNC | DISCOUNT |
| 6. | If a bond is issued for more than its face value, ___________ on Bonds Payable is recorded. | MUIRMPE | PREMIUM |
| 7. | The market interest rate and the yield-to-maturity should be the same as the __________ interest rate. | FCEEFEIVT | EFFECTIVE |
| 8. | A bond __________ fund is an asset restricted for the retirement of bonds. | GISNNIK | SINKING |
| 9. | Bonds maturing on a single date are referred to as _______ bonds. | ETMR | TERM |
| 10. | The _________________ of the premium on bonds payable will reduce interest expense. | NOZRMITAAOTI | AMORTIZATION |
| 11. | The legal document that provides details about a bond. | TRUDENINE | INDENTURE |
| 12. | Interest on bonds is usually paid __________________. | ALIMEYLUNASN | SEMIANNUALLY |
| 13. | Bondholders' claims will come ahead of the claims of ___________________ if a corporation is liquidated. | DOTSCROSKLEH | STOCKHOLDERS |
| 14. | If bonds are sold between interest dates, the buyer will pay the seller any _________ interest. | RECDUAC | ACCRUED |
| 15. | A bond sinking fund is reported in this section of the balance sheet. | MSTENVINEST | INVESTMENTS |
| 16. | The amortization of _________ on Bonds Payable will result in more bond interest expense than the cash amount of interest paid. | STUDIONC | DISCOUNT |
| 17. | __________ on Bonds Payable will cause the carrying value of the bonds to be greater than the face value. | MIMEPUR | PREMIUM |
| 18. | In present value terms, a bond's interest payments form an ordinary __________. | INTAYUN | ANNUITY |
| 19. | Most bonds are __________ by the issuing corporation at a price specified in the bond's indenture. | LLACEALB | CALLABLE |
| 20. | When the amount of amortization of discount or premium on bonds payable is the same amount each year, it is referred to as ______________-line amortization. | HRITATGS | STRAIGHT |