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The generation of individuals who are very connected to technology,such as smartphones,and who show an increase in their ethnic diversity have been labeled
Discount on Bonds Payable
Discount on bonds payable represents the difference between the face value of a bond and its selling price, when the bond is sold for less than its face value.
Premium on Bonds Payable
The excess of a bond's selling price over its principal amount.
Debenture Bonds
Fixed-interest unsecured loans issued by companies, backed only by the creditworthiness and reputation of the issuer, rather than by a lien on any specific asset.
Straight-Line Method
A method of calculating depreciation by evenly spreading the cost of an asset over its useful life.
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