Intermediate Accounting II: Long Term Debt

In your textbook Intermediate Accounting, 16th edition by Kieso, Weygandt & Warfield/Wiley, read Chapter 14 and write a 1,500-word essay that addresses the following:

  • Explain the process of issuing bonds.

-what are the types of bonds

-what is the difference between bonds issued at par, premium, discount.

-explain the process of extinguishment of debt

-what is off-balance-sheet financing.