Bonds Payable Crossword Puzzle
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QUESTIONS LIST:
- principal: other name of the face value or par value of a bond
- face value: the amount that will be repaid at maturity date
- maturity date: the date when the principal amount of a security becomes due and payable, if not subject to prior call or redemption.
- the stated rate: the specified rate listed on the bond
- discount: amount by which the issue price of a security is less than its face amount
- increase: a bond discount must be allocated over the life of the bond as an.......................... of interest expense each period.
- premium: amount by which the issue price of a security exceeds its principal amount.
- reduction: a bond premium must be allocated over the life of the bond as a.......................... of interest expense each period.
- carrying value: face value of bond less un-amortized discount or plus unamortized premium
