Premium on bonds payable (or bond premium) occurs when bonds payable are issued for an amount greater than their face or maturity amount. This is caused by the bonds having a stated interest rate that is higher than the market interest rate for similar bonds.
What you know about balance sheet in accounting?
Described statement of comprehensive income?
Explain statement of stockholders equity?
Explain statement of income?
Explain accrual method?
What you know about income statement?
What is "net" for account executivec?
List the several fields of accounting?
What you know about sales?
Explain statement of cash flows?
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