ACC 291 Week 2 DQ


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What types of industries have unearned revenue? Why is unearned revenue considered a liability? When is the unearned revenue recognized in the financial statements? Why do companies issue bonds? Would you rather buy a bond at a discount or a premium rate? Why? What is the determining factor of whether a bond is sold at a discount, face, or premium? What is the straight-line method of amortizing discount and premium on bonds payable? Provide an explanation of the process. How would you describe the accounting procedures for notes payable and accounts payable? answers attached. please use as guide. if you need custom homework help give me a message.