chapter 10
LONG-TERM DEBT AND OTHER NON-CURRENT LIABILITIES
Long-Term Loans with Equal Blended Monthly Payments
Long-Term Loans with Monthly Payments of Interest Only
Bond Pricing in the Marketplace
Calculating Bond Interest Expense and Liability Balances
Repayment of Bonds at Maturity
Long-Term Notes or Bonds with No Explicit Interest
Defined Contribution Pension Plans
OTHER POST-EMPLOYMENT BENEFITS
LEARNING OBJECTIVES
After studying this chapter, you should be able to:
- Calculate interest and record transactions related to long-term notes and mortgages.
- Describe the basic characteristics of bonds.
- Explain how bonds are issued and how the pricing of bonds is affected by market factors.
- Calculate a bond's selling price and prepare journal entries to record the issuance and subsequent interest payments for bonds sold at par, below par, and above par.
- Discuss the advantages and disadvantages of leasing.
- Distinguish between operating leases and capital/finance leases, and prepare journal entries for a lessee under both types of leases.
- Explain the distinguishing features of defined-contribution pension plans and defined-benefit pension ...
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