会计学ch15摘要.pptVIP

Long-Term Liabilities;Bonds: An Introduction;Types of Bonds;Bond Prices;Present Value;Issuing Bonds Payableto Borrow Money;Issuing Bonds Payableto Borrow Money;Issuing Bonds and Notes Payable Between Interest Dates;Issuing Bonds and Notes Payable Between Interest Dates;A 10-year, $1,000,000 bond issue is sold by Granite Corp. at 99? on January 1. The contract rate of interest is 10% (20 periods).;Account for bonds payable Transactions.;Straight-Line Amortizationof Bond Discount;July 1 Interest Expense 50,375 Cash 50,000 Discount on Bonds Payable 375 Paid semiannual interest and amortized discount on bonds payable;Granite Corp. sold a 10%, 10-year (20 periods), $1,000,000 bond issue at a price of 101 on Jan. 1.;Issuing Bonds Payableat a Premium;July 1 Interest Expense 40,500 Premium on Bonds Payable 500 Cash 50,000 Paid semiannual interest and amortized premium on bonds payable;Granite Balance Sheet (December 31);Adjusting Entries for Interest Expense;Adjusting Entries for Interest Expense;Adjusting Entries for Interest Expense;Adjusting Entries for Interest Expense;Measure interest expense by the effective-interest method.;Effective-Interest Methodof Amortization;Effective-Interest Method:Bond Discount;Effective-Interest Method:Bond Discount;Effective-Interest Method:Bond Discount;Effective-Interest Method:Bond Discount;Effective-Interest Method:Bond Premium;Effective-Interest Method:Bond Premium;Account for retirement and conversion of bonds payable.;Retirement of Bonds Payable;Retirement of Bonds Payable Example;Convertible Bonds and Notes;Current Portion of Long-Term Debt;Report Liabilities on the Balance Sheet;Report Liabilities on the Balance Sheet;Show the advantages and disadvantages of borrowing.;Equity financing creates no liabilities and no interest burden. It is less risky to the issuing corporation. It may dilute ownership interest of existing shareholders.;Advantage of Issuing Bonds