Ask Experts Questions for FREE Help !
Ask
    candyh's Avatar
    candyh Posts: 1, Reputation: 1
    New Member
     
    #1

    Aug 14, 2010, 11:00 AM
    Discount on bonds payable
    A discount on bonds payable :
    A Occurs when a company issues bonds with a contract rate less than the market rate
    B. Occurs when a company issues bond with a contract rate more than the markaet rate
    C. Increases the Bond payable
    D. Decreases the total bond interest expense
    E. Is not allowed in may state to protect creditor
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
     
    #2

    Aug 14, 2010, 11:15 PM

    Please see the guidelines for posting homework questions:
    https://www.askmehelpdesk.com/financ...-b-u-font.html

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Accounting:discount bonds [ 1 Answers ]

How to figure out the discounted price of bond selling at 6% but market is 8%

Bonds Payable [ 1 Answers ]

If there is a bond issued for $8,000,000 of 5 year, 8% callable bonds dated on July 1, 05 at an effective rate of 10%, receiving cash of $7,382,236. And interest is payable semiannually on Dec 31, and Jun 30... what would the entry be?


View more questions Search