Shared Flashcard Set

Details

Title

Acc 3020 Test 1

Description

Acc 3020 Test 1

Total Cards

Subject

Accounting

Level

Undergraduate 3

Created

07/09/2013

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Additional Accounting Flashcards

Term

Bond Issue (Issuer)

Definition

Debit Cash
Debit discount (IA)
Credit premium (IA)
Credit Bonds Payable
Credit Interest Payable (IA)

Term

Bond Issue (Investor)

Definition

Debit Bond Investment
Credit Cash

Term

Bond Payment (Issuer)

Definition

Debit Interest Expense
Debit Premium on BP (IA)
Credit Discount on BP (IA)
Credit Cash or payable

Term

Bond Payment (Investor)

Definition

Debit Cash or receivable
Debit Bond Investment (IA)
Credit Bond Investment (IA)
Credit Interest Revenue