ACC 206 Week 2 Discussion 2 | Assignment Help | Ashford University
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- 20 Jan 2020
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ACC 206 Week 2 Discussion 2 | Assignment Help | Ashford University
Week 2 - Discussion 2
Long-Term Liabilities
Prior to beginning work on this discussion,
read Chapter 14 in the textbook. In addition, the MyLab materials listed in the
Recommended Resources section this week may provide more in-depth information
for this discussion (optional).
Write: Make sure your response addressing the prompt is more than 200
words and that you include an in-text citation or a brief quote from the
reading material where appropriate.
Long-term liabilities are liabilities that do
not have to be paid in the current year. Long-term liabilities can be a
long-term note or a mortgage and can also be created when the company issues
bonds.
· What are the various types of bonds and their
characteristics?
· Discuss and provide examples of bonds being
issued at par, at a discount, and at a premium.
· Explain the two methods to amortize the bond
premium and discount.
· Give example journal entries for the two
different amortization methods.
Guided Response: Respond to at least two of your classmates by
commenting on their posts. Though two replies are the basic expectation for
class discussions, for deeper engagement and learning you are encouraged to
provide responses to any comments or questions others have given to you.
Continuing to engage with peers and the instructor will further the
conversation and provide you with opportunities to demonstrate your content
expertise, critical thinking, and real-world experiences with the discussion
topics.