For multiple-choice and true/false questions, simply press or click on what you think is the correct answer. For fill-in-the-blank questions, press or click on the blank space provided.
If you have difficulty answering the following questions, learn more about this topic by reading our Bonds Payable (Explanation).
Debit
Credit
Debit
Credit
Debit
Credit
Discount
Premium
Discount
Premium
Decrease
Increase
Less
More
Decrease
Increase
True
False
True
False
Market
Nominal
Stated
Effective
Face
Nominal
Stated
Effective Interest Rate
Straight-line
Contractual
Coupon
Market
Issue Price
Par Amount
Want more practice questions?
Receive instant access to our graded Quick
Tests (more than 1,800 unique test questions) when you join
AccountingCoach PRO.
Featured Review
"I appreciate AccountingCoach so much! The information on the site has helped me immeasurably in my financial accounting course. It simplifies the various concepts in a way that allows me to truly understand them. I was struggling in the course for the first few weeks, but now I have a much better grasp of the material -- and it shows in my homework, quiz, and exam scores. Thank you!" - Tamra M.
Join PRO or PRO Plus and Get Lifetime Access to Our Premium Materials
Read all 2,645 reviewsWe now offer 10 Certificates of Achievement for Introductory Accounting and Bookkeeping: