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