Another Term for Junk Bonds Is

question 18

Multiple Choice

Another term for junk bonds is

• A) low-risk bonds
• B) low-yield bonds
• C) high-yield bonds
• D) vulture bonds

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Definitions:

Credits

In accounting, credits refer to an entry on the right side of a double-entry bookkeeping system that increases liabilities, equity, or revenue or decreases an asset or expense account.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns to ensure a company's bookkeeping system is mathematically correct.

Ledger Accounts

Individual records that summarize transactions related to a specific account within the general ledger.

Debits

An accounting entry that results in either an increase in assets or a decrease in liabilities or equity on a company's balance sheet.