PPT-Bonds Payable are long-term liabilities

We will walk through some examples to demonstrate the Accounting issues surrounding bonds Bonds Payable Bond Specifics Companies obtain financing for large projects through the sale of bonds The sale of bonds do not affect corporate ownership percentages. Long-term. Liabilities. Long-term. Liabilities. Long-term liabilities . are . debts. . and obligations . that a company expects to satisfy in more than one year or beyond its normal operating cycle, whichever is longer.. Liabilities. PowerPoint Authors:. . Brandy Mackintosh. Lindsay . Heiser. Learning Objective 10-1. Explain the role of liabilities in financing a business.. The Role of Liabilities. Current liabilities are short-term obligations that will be paid with current assets within the company’s current . Intermediate Accounting. IFRS 2nd . Edition. Kieso, Weygandt, and Warfield. . 14. Explain the accounting for long-term notes payable.. Describe . the accounting for the . extinguishment of . non-current liabilities.. COVALENT BOND. bond. formed by the . sharing . of . electrons . Covalent . Bonds. Between nonmetallic elements of similar electronegativity. .. Electronegativity = how badly an atom wants to add an electron (non metals have higher electronegativity). Understand . the importance of non-financial and current liabilities from a business perspective.. Define . liabilities, distinguish financial liabilities from other liabilities, and identify how . they . Financial Accounting II. Acct 312. Chapter . 6. 1. Ch-06. Describe the formal procedures associated with issuing long-term debt.. Identify various types of bond issues.. Describe the accounting valuation for bonds at date of issuance.. 10. Learning Objectives. Explain how to account for . current liabilities. .. Describe the major . characteristics of . bonds.. Explain how to account for . bond transactions. .. 3. Explain how to account for long-term notes payable.. Understand the nature of long-term debt financing arrangements.. Understand how long-term debt is measured and accounted for.. Understand when long-term debt is recognized and derecognized, including how to account . CHAPTER 13: Non-Financial and Current Liabilities. After studying this chapter, you should be able to:. Understand the importance of non-financial and current liabilities from a business perspective.. Chapter 10. Copyright © 2016 McGraw-Hill Education.  All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.. Wild, Shaw, and . Chiappetta. Financial & Managerial Accounting. Statewide Accounting and Reporting Services. June 20, 2017. 1. 2. Agenda. Overview of Oregon Debt. Determining the Appropriate Fund Structure. Recording the Initial Debt Issuance. Recording Debt Service Payments. Ben Trnka/Boz Bostrom. www.benandboz.com. . Liabilities will differ by company and industry. Overview. Understand how to account for liabilities. Understand how to compute future value of a single amount and an annuity. Statewide Accounting & Reporting Services. June 27, 2019. 1. Agenda. Overview of Oregon’s Debt. Determining the Appropriate Fund Structure. Recording the Initial Debt Issuance. Recording Debt Service Payments. What you always wanted to know and were afraid to ask!!!. INTRODUCTIONS. Meet our Team. AGENDA. Common Voucher Errors. Service Dates. Invoice Date. Invoice #. GL Accounts/Locations. Pay Terms. LA Journal number Omission.