Bonds Payable Crossword Puzzle

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