Obligation to pay back your monetary debt. What kind of obligation is involve here?
Q: Describe the repayment process for both a term loan and ab
A: Term loan and bonds are two different types of raising money.
Q: Which are the Borrower’s Rights to Reinstate?
A: The person that takes something from another person with a promise to return back at a specified…
Q: what is creditor and debtor?
A: Balance sheet: It refers to a financial statement that shows all the liabilities, assets, and…
Q: A loan borrowed by an individual secured against the personal property is. a. Character b.…
A: The provided options are known as the main Cs that a lender considers when providing a loan.…
Q: What is/are the rule/rules (and the exceptions, if there be any) in case an object is lost or…
A: Fortuitous events refers to the happening of event through accident or chance. In short, it is a…
Q: What is the distinction between debtor and creditor?
A: Accounts receivable Accounts receivable refers to the amounts to be received within a short period…
Q: How is Collateralized debt obligation created. Plelase explain in details
A: Collateralized debt obligation (CDO): Collateralized debt obligation (CDO) is the bundle of loans…
Q: A contingent liability: O Is always of a specific amount Is a potential obligation that depends on a…
A: Solution: A contingent liability is a liability that may occur depending on the outcome of an…
Q: What are the differences between a debtor and a creditor?
A: Creditor: Creditor is a person or a company who has provided fund or loan, and hence, has a claim…
Q: How do you accrue and calculate interest
A: interest calculation = principle amount * rate of interest accrued interest is interest…
Q: The discount allowed to a debtor for early payment is
A: Debtors :- Debtors are the person to whom goods and services are sold on credit.
Q: Distinguish between an interest-bearing note and a non-interest-bearing note. How are the proceeds…
A: A commercial paper that contains an express and absolute promise by the maker to…
Q: What are the instances when the debtor loses the benefit of the period? Explain by giving examples…
A: When a period for the performance or fulfillment of an obligation is agreed upon, it is believed to…
Q: When the debtor binds himself to pay when his means permit him to do so, the obligation is:
A: When the debtor binds himself to pay when his means permit him to do so, the obligation is: Answer -…
Q: Must obligations be known contractual debts in order to be reported as liabilities?
A: Liabilities: The claims creditors have over assets or resources of a company are referred to as…
Q: difference between debt and quity
A: A company’s capital consists of two forms, one is equity and the other is debt. When a company is…
Q: A(n) is where the debtor delivers personal property to the creditor to secure the debt. (one word)
A: bailment represent a legal relationship where physical position of the person property transferred…
Q: Which of the following is an arrangement by which one party promises to pay a sum of money to…
A: Insurance is a contract between two parties where one party i,e policy holder pays a premium to…
Q: Define Accrued Interest Payable.
A:
Q: Discuss in brief the types of collateralized debt Obligation. Please explain in details.
A: Solution- Collateral Debt Obligation [CDO] is a sophisticated project financing outcome that's also…
Q: Accounting The procedure that best reveals the existence of contingent debts is
A: Contingent liability is a liability that may or may happen on a future date that is based on an…
Q: What is a debtor
A: Solution:- Debtor meaning as follows under:-
Q: What is meant by a term-loan agreement?
A: A Loan Agreement, also known as a term loan, demand loan, or loan contract. It basically is a legal…
Q: Computation and Calculation on how they get - Interest Received - Interest Income - Discount…
A: Bond Amortization - It is a principal paid regularly, along with its interest expenses over the life…
Q: What are financial obligations? How they can be overcome?
A: Liabilities:The claims creditors have over assets or resources of a company are referred to as…
Q: What is/are the rule/rules (and the exceptions, if there be any) in case an object is lost or…
A: Fortuitous events are the events that are considered as the "act of God" because naturally, the act…
Q: What is the structure of Collateralized debt obligation. Please explain in details
A: A collateralized debt obligation also known as CDO is a complex structured credit product which is…
Q: ne loans which are to be repaid within a short O a. Fixed liabilities b. Long-term liabilities C.…
A: Ans. Liabilities can be of many types - i. Current Liabilities ii. Non-current Liabilities iii.…
Q: How Grantor can Release from Assumed Debt?
A: Answer: Release of grantor from assumed debt: It is one of the assumptions of mortgage. When a…
Q: How to calculate the appropriate interest expense based on the amount of outstanding debt using…
A: When the company borrows funds from the people, it has to pay them a certain amount for the borrowed…
Q: What is interest earned by a lender but not yet collected? As well as what is interest earned by a…
A: Lender is the person who lends or provides money to other person in return of some interest as well…
Q: Explain the nature of long term debt.
A: Nature of long-term debt: Long-term debts are the obligations of the company that are required to…
Q: Is a liability a debit or a credit?
A: Liability is an obligation for any business entity. It simply means that the entity has owed…
Q: What is meant by Provision for Discount on Debtors and Reserve for Discount on Creditors.
A: Provision for discount on debtors: Discount is allowed for debtors when payment is made with in…
Q: What is the gain on extinguishment of the note payable?
A: option b is the answer.
Q: What does the disclosure note for debt includes?
A: Debt securities: The financial instruments which are bought by investors, or corporations, or mutual…
Q: Should liability for rent deposit be amortized? Why or why not?
A: The assets are amortized as they provide benefits for the long period.
Q: What are out of period debts? Explain?
A: Out of Period debts: It is also known as time barred debts.
Q: What is debt
A: The financial statements of the business includes the income statement and balance sheet of the…
Q: interest expense, which of the following * ?occurs firs Incurring The Interest Expense C Paying The…
A: Accrued interest expense implies interest expense that has been incurred but not yet paid. It is a…
Q: Can you explain Collateralized debt obligation
A: A collateralized debt obligation (CDO) is a complicated dependent finance product this is…
Q: Why A debt security pays a fixed stream of income or a stream of income that is determined according…
A: Debt instruments It is the fixed-income securities that generally make payment of fixed interest…
Obligation to pay back your monetary debt. What kind of obligation is involve here?
Step by step
Solved in 2 steps
- When the debtor binds himself to pay when his means permit him to do so, the obligation is: a pure obligation an obligation with a suspensive condition an obligation with a resolutory condition an obligation with a suspensive periodWhat is the Importance of Accrued Interest and Loan Payments?What are out of period debts? Explain?
- A contractual agreement in which the borrower receives something of value now and agrees to pay the lender in the future with an interest is called as. a. Credit b. Insurance c. Money d. TimeThe discount allowed to a debtor for early payment isWhat are financial obligations? How they can be overcome?