For each of the following items, specify whether the information would most likely be found on the balance sheet, the income statement, the statement of cash flows, or in the notes to the statements. 1. The amount of a bond liability. 2. A description of any bond covenants. 3. The coupon rates associated with bond issuances. 4. Interest expense for the period. 5. The maturity dates associated with bond issuances. 6. Cash interest paid for the period. Location

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter13: Long-term Liabilities
Section: Chapter Questions
Problem 3MC: The principal of a bond is ________. A. the person who sold the bond for the company B. the person...
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For each of the following items, specify whether the information would most likely be found on the balance sheet, the income
statement, the statement of cash flows, or in the notes to the statements.
1. The amount of a bond liability.
2. A description of any bond covenants.
3. The coupon rates associated with bond issuances.
4. Interest expense for the period.
5. The maturity dates associated with bond issuances.
6. Cash interest paid for the period.
Location
Transcribed Image Text:For each of the following items, specify whether the information would most likely be found on the balance sheet, the income statement, the statement of cash flows, or in the notes to the statements. 1. The amount of a bond liability. 2. A description of any bond covenants. 3. The coupon rates associated with bond issuances. 4. Interest expense for the period. 5. The maturity dates associated with bond issuances. 6. Cash interest paid for the period. Location
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