Collateralized Debt Obligations (CDO’s) are pools of__ a) all tranches of MBS b) the mezzanine and equity tranches of MBS c) senior tranches of MBS d) AAA tranches of MBS

Bonds that are issued on the general creditworthiness of the company are: Bonds that are issued on the general creditworthiness of the company are:   1. callable bonds 2. convertible bonds 3. secured bonds 4. debenture or unsecured bonds

Among the following five types of investments: Held-to-maturity, debt investment Trading, debt investment Available-for-sale, debt investment Trading, equity investment Available-for-sale, equity investment unrealized holding gains or losses are recognized in income for securities classified as (Enter 1, 2, 3, or 4 that represents the correct answer): c, e a, b, c b, d b, c, d, e

Describe the accounting for bonds payable, including bonds issued at face amount, bonds issued at a discount , nd bonds issued at a premium ?

Question Content Area The journal entry a company makes for the issuance of bonds when the contract rate is less than the market rate would be a. debit Cash, credit Premium on Bonds Payable and Bonds Payable b. debit Cash, credit Bonds Payable c. debit Cash and Discount on Bonds Payable, credit Bonds Payable d. debit Bonds Payable, credit Cash

The four categories of financial instruments are: a. Equity instruments, investment funds, money market instruments, derivatives and others b. Equity instruments, mutual fund instruments, investment funds, derivatives and others O C. Debt instruments, investment funds, money market instruments, derivatives and others d. Debt instruments, equity instruments, investment funds, derivatives and others

Which of the following would NOT be included in the journal entry to show the conversion of bonds payable? ( NIE 13) A credit to gain on conversion credit to additional paid in capital debit to bond premium debit to bonds payable

The balance in Unamortized Discount on Bonds Payable should be Oa. reported separately in the Current Liabilities section of the balance sheef Ob. added to the face amount of the related bonds payable on the balance sheet. O C. reported in the Paid-In Capital section of the balance sheet. Od. reported on the balance sheet as a deduction from the face amount of the related bonds payable.

Indicate the proper financial statement classification for each of the following accounts:   Financial Statement Statement Classification Discount on Long-term Bonds Payable Answer   Answer   Mortgage Notes Payable Answer Answer Long-term Bonds Payable Answer Answer Bond Interest Expense Answer Answer Bond Interest Payable Answer Answer Premium on Long-term Bonds Payable Answer

Debt service funds are used to account for which of the following?     Multiple Choice   Payment of only interest on general long-term debt.   Payment of only principal on general long-term debt.   Payment of principal and interest on general long-term debt.