Match the Following Bond and Long-Term Liability Related Terms to the Appropriate

question 179

Multiple Choice

Match the following bond and long-term liability related terms to the appropriate definition.
-The principal amount of the bond as stated on the bond certificate.

• A)Long-term liability
• B)Face value
• C)Debenture bonds
• D)Serial bonds
• E)Callable bonds
• F)Face rate of interest
• G)Market rate of interest
• H)Bond issue price
• I)Premium
• J)Discount
• K)Effective interest method of amortization
• L)Carrying value
• M)Gain or loss on redemption

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Definitions:

Precious Metals

Rare, naturally occurring metallic elements of high economic value, such as gold, silver, and platinum, often used for currency, jewelry, and as an investment.

Religious Dissidents

Individuals or groups who disagree with and challenge established religious doctrines or practices.

Friendly Indians

Friendly Indians is a term historically used to refer to Native American tribes or individuals who allied with European settlers or the U.S. government during various conflicts and periods of expansion.

Hohokam

were a prehistoric group of people in the North American Southwest, known for their advancements in irrigation and agriculture.