Acctg II Ch 12
Terms in this set (9)
discount on capital stock
An amount less than par or stated value at which capital stock is sold.
A corporation's own stock that has been issued and reacquired.
A printed, long-term promise to pay a specified amount on a specified date and to pay interest at stated intervals.
All bonds representing the total amount of a loan.
A person or institution, usually a bank, given legal authorization to administer property for the benefit of property owners.
bond sinking fund
An amount set aside to pay a bond issue when due.
retiring a bond issue
Paying the amounts owed to bondholders for a bond issue.
Bonds that all mature on the same date.
Portions of a bond issue that mature on different dates.
YOU MIGHT ALSO LIKE...
Series 7 Top-Off Exam Preparation | Knopman Marks Guide
AC3220 Chapter 14
Accounting Chapter 15
OTHER SETS BY THIS CREATOR
Introduction to Accounting
Contract & Employment Law
Public Speaking Basics
Financial Plan Vocabulary
THIS SET IS OFTEN IN FOLDERS WITH...
Acctg II Ch 11
Acctg II Ch 14
Accounting 2 Ch 17
Acctg II Ch 13