Course Description
This [course_title] is designed to provide you with the concept of bonds from a corporate perspective and explain how to record the issuance of bonds and notes payable. The course covers present value calculations in multiple formats. Present value calculations are often confusing to learners partially because tounting system to help simplify the data entry process. You will get to know notes payable, record journal entries related to taking he topic can be introduced in many ways. You will understand adjusting entries that can be used in an account an installment note, and build amortization tables related to notes payable.
Through the course you will learn how to create the liability section of the balance sheet breaking out current and long-term portions. You will be introduced with different techniques for recording the current portion and long-term portion of installment notes.
What you’ll learn
- How to record the issuance of bonds
- How to record bonds issued at a primium
- How to record bonds issued at a discount
- Present value (PV) Calculations Using Formulas
- Present value (PV) Calculations Using Tables
- Present value (PV) Calculations Excel
- Calculate Bond Issue Price
- How to record bond retirement
- Description of notes payable
- How to create an amortization table
- Adjusting entries for notes payable
- How to record current and long term liabilities
- Types of bonds and bond characteristics
- Calculate the effective amortization method
- Explain what a capital lease and operating lease is
- Comprehensive accounting problem
Who this course is for:
- Accounting students
- Business owner
- Anyone who whats to learn accounting
Requirements
- We should have a basic understanding of financial accounting and debits and credits
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Introduction00:08:00
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PDF – 10 Bond & Note Payable Introduction00:01:00
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10 Bonds & Notes Payable Introduction00:10:00
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Accounting Comic Break00:01:00
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2 Bonds Market Rate vs Contract Rate00:01:00
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PDF – 20 Bonds Issued at Par00:01:00
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20 Bond Issued at Par00:06:00
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PDF – 25 Bond Market Price vs Contract Rate00:01:00
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Excel Download00:01:00
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Worksheet – 20 Bond Issued at Par00:06:00
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Excel Download00:01:00
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3 Bonds Issued at Premium00:01:00
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PDF – 50 Bond Issued at Premium00:01:00
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50 Bond Issued at Premium00:07:00
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Excel Download00:01:00
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Worksheet – 50 Bond Issue at Premium00:09:00
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PDF – 60 Amortization Premium & Recording Interest00:01:00
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60 Premium Amortization & Interest00:13:00
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Excel Download00:01:00
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Worksheet – 55 Bond Premium and Interest Journal Entry00:16:00
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10 Multiple Choice Question – Long Term Liabilities00:07:00
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Accounting Comic Break00:01:00
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4 Bonds Issued at Discount00:01:00
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PDF – 30 Bonds Issued at Discount00:01:00
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PDF – 40 Amortizing Discount & Recording Interest00:01:00
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40 Issue bond at a discount%2C calculate%2C and record interest00:26:00
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Excel Download00:01:00
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Worksheet – 30 Bond Issued at Discount00:09:00
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Excel Download00:01:00
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Worksheet – 35 Bond Discount & Interest00:18:00
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Excel Download00:01:00
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Worksheet – 1400.10 Record issuance of bond at a discount amortiz00:16:00
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Worksheet – 1400.20 Record issuance of bond at a discount amortiz00:16:00
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Worksheet – 1400.40 Record issuance of bond at a premium amortize00:16:00
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Worksheet – 1400.50 Record issuance of bond at a premium amort.00:14:00
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20 Multiple Choice Question – Long Term Liabilities00:04:00
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Accounting Comic Break00:01:00
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5 Present Value Bond Price00:03:00
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PDF – 70 Bond Present Value Formula00:14:00
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Excel Download00:01:00
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Worksheet – 70 Bond Present Value Formula00:15:00
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PDF – 80 Bond Present Value Tables00:01:00
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80 Bond Present Value Tablesy00:14:00
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Excel Download00:01:00
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Worksheet – 80 Bond Present Value Tables00:11:00
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Excel Download00:01:00
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Worksheet – 90 Bond Present Value Excel00:12:00
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30 Multiple Choice Question – Long Term Liabilities00:07:00
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Accounting Comic Break00:01:00
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6 Bond Retirement00:01:00
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PDF – 100 Bond Retirement00:01:00
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100 Bond Retirement00:09:00
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Excel Download00:01:00
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Worksheet – 100 Bond Retirement00:12:00
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40 Multiple Choice Question – Long Term Liabilities00:07:00
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Accounting Comic Break00:01:00
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7 Notes Payable Introduction00:01:00
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PDF – 110 Notes Payable Introduction00:01:00
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110 Notes Payable Introduction00:05:00
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PDF – 120 Installment Note Journal Entry00:01:00
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Excel Download00:01:00
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50 Multiple Choice Question – Long Term Liabilities00:05:00
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Accounting Comic Break00:01:00
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8 Amortization Schedule Notes Payable00:01:00
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PDF – 130 Notes Payable Amortization00:01:00
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130 Amortization Schedule00:12:00
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PDF – 140 Notes Payable Interest Payments00:01:00
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140 Notes Payable Payments Journal Entry00:07:00
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Excel Download00:01:00
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Worksheet – 130 Note Payable Amortization00:15:00
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Excel Download00:01:00
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Worksheet – 140 Note payable interest payments00:10:00
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60 Multiple Choice Question – Long Term Liabilities00:06:00
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Accounting Comic Break00:01:00
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9 Notes Payable Adjusting Entries00:01:00
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PDF – 150 Adjusting Entry – Notes Payable00:01:00
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150 Notes Payable Adjusting Entry00:10:00
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Excel Download00:01:00
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Worksheet – 150 Note Payable Adjusting Entry 100:07:00
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Excel Download00:01:00
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Worksheet – 160 Note Payable Adjusting Entry 200:06:00
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70 Multiple Choice Question – Long Term Liabilities00:07:00
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Accounting Comic Break00:01:00
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10 Financial Statements Long Term Liabilities00:01:00
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PDF – 170 Liabilities – Current vs Non Current00:01:00
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170 Notes Payable Current vs. Non Current00:18:00
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Excel Download00:01:00
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Worksheet – 170 FS St LT One Loan 1 TB Account00:09:00
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Excel Download00:01:00
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Worksheet – 180 FS St LT Loan 1 loan 2 TB Accounts00:08:00
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Excel Download00:01:00
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Worksheet – 190 FS ST LT 2 loans 1 TB account00:08:00
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Excel Download00:01:00
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Worksheet – 200 FS ST LT 2 Loans 1 ST 1 LT TB account00:09:00
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Excel Download00:01:00
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Worksheet – 210 FS ST LT 2 Loans 2 Loan Account TB00:08:00
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Excel Download00:01:00
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Worksheet – 220 FS 2 Loans 4 Accounts TB00:11:00
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80 Multiple Choice Question – Long Term Liabilities00:07:00
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Accounting Comic Break00:01:00
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11 Bond Characteristics and Types00:01:00
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PDF – 230 Bond types00:01:00
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230 Bond Characteristics00:02:00
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90 Multiple Choice Question – Long Term Liabilities00:05:00
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Short Calculation00:08:00
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Accounting Comic Break00:01:00
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12 Effective Method Amortization Bond Discount & Premium00:01:00
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PDF – 230 Effective Interest Discount Amortization00:01:00
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235 Discount Amortization Effective Method00:13:00
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Excel Download00:01:00
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Worksheet – 230 Effective Interest Discount Amortization00:17:00
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Excel Download00:01:00
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Worksheet – 240 Effective Interest Premium Amortization00:13:00
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100 Multiple Choice Question – Long Term Liabilities00:10:00
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13 Leases Operating vs. Capital00:01:00
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PDF – 250 Leases00:01:00
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250 Leases Capital vs. Operating00:12:00
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Accounting Comic Break00:01:00
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14 Comprehensive Problem00:01:00
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Excel Download00:01:00
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1 Accounting%2C Financial – Comp Prob Service Co 1 Part 100:15:00
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2 Accounting%2C Financial – Comp Prob Service Co 1 Part 200:15:00
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3 Accounting%2C Financial – Comp Prob Service Co 1 Part 300:15:00
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4 Accounting%2C Financial – Comp Prob Service Co 1 Part 4_200:22:00
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6 Comp Prob Service Co 1 Adjusting Entries part 600:20:00
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15 Definitions & Key Terms00:01:00
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Annuity Definition – What is Annuity00:05:00
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Bond Definition – What is Bond00:06:00
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Book Value of Bonds – What is Book Value of Bonds00:06:00
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Carrying Value of Bonds Definition – What is Carrying Value00:05:00
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Lease Definition – What is a Lease00:01:00
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