TAILIEUCHUNG - Lecture Principles of accounting (2005): Chapter 16 - Needles, Powers, Crosson

Chapter 16 - Long-term liabilities. Chapter 16 covers the management issues related to the long-term financing of the corporation. The most important source of long-term financing, bond liabilities, is emphasized, but attention is also paid to other sources, such as leasing, mortgages, and installment notes, and to postretirement benefits. | Long-Term Liabilities Multimedia Slides by: Gail A. Mestas, MAcc, New Mexico State University Chapter 16 Learning Objectives Identify the management issues related to issuing long-term debt. Identify and contrast the major characteristics of bonds. Record the issuance of bonds at face value and at a discount or premium. Learning Objectives (cont’d) Use present values to determine the value of bonds. Amortize bond discounts and bond premiums using the straight-line and effective interest methods. Record bonds issued between interest dates and year-end adjustments. Supplemental Objectives Account for retirement of bonds and the conversion of bonds into stock. Explain the basic features of mortgages payable, long-term leases, and pensions and other postretirement benefits as long-term liabilities. Management Issues Related to Issuing Long-Term Debt Objective 1 Identify the management issues related to issuing long-term debt Long-Term Liabilities are obligations of the business that are

• Kế toán - Kiểm toán
• Principles of accounting
• Lecture Principles of accounting
• Nguyên lý kế toán
• Accounting information
• Long term liabilities
• Long term financing
• Accounting principles
• Fundamental accounting principles
• Lecture Fundamental accounting principles
• Accounting information systems
• Fundamental system principles
• Technology based accounting systems
• Financial accounting
• Managerial accounting
• Managerial cost
• Reporting manufacturing activities
• Merchandising operations
• Accounting cycle
• Completing the accounting cycle
• Classified balance sheet
• Accounting for partnerships
• Partnership form of organization
• Basic partnership accounting