Examlex
The following citation can be a correct citation: Rev. Rul. 95-271,1995-64 I.R.B. 18.
Bonds Payable
A liability account that records the amount owed by an entity to holders of its bonds, to be repaid at a specified future date.
Straight-Line Method
An accounting method for calculating the depreciation of an asset, distributing its cost evenly across its useful life.
Interest-Bearing Note
A debt instrument that pays periodic interest payments to the holder until maturity, at which point the principal is repaid.
Bond Debenture
A type of unsecured debt instrument issued by a company to raise long-term funds, without collateral backing.
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