Robert (Bob) Steele – Accounting – Bonds Payable, Notes Payable, Liabilities

Bonds The concepts of liabilities, payables, and notes payable will be introduced from a corporate perspective. It will also show how to record the issuance of notes payable and bonds.

Robert (Bob) Steele – Accounting – Bonds Payable, Notes Payable, Liabilities

Bonds Payable, Notes payable, and Liabilities will present the concept of bonds from the corporate perspective. It will also show how to record the issuances of bonds and notes payable.

We will be discussing the journal entry to issue bonds at par, at a discounted, and at premium.

Present value calculations will be covered in many formats. Because present value calculations can be presented in many different ways, they are often confusing for learners. We will discuss different methods of calculating present value and how to use them. We will use formulas and algebra to calculate present value, as well as present value tables and Microsoft Excel functions.

We’ll discuss the issues price of bonds, and how it differs from the face amount or par value.

Download immediately Robert (Bob) Steele – Accounting – Bonds Payable, Notes Payable, Liabilities

This course will discuss the journal entries related to the retirement and maturity of bonds.

We will establish notes payable, keep track of journal entries regarding the installment note and create amortization tables. The amortization tables allow us to track the correct transactions in making payments on a note payable. They also give us an idea of how interest is calculated and what it is.

This course will help you to simplify your data entry by adjusting entries in your accounting system.

We’ll discuss how to create the liability portion of the balance sheet, breaking down current and long term.-Term portions. We’ll discuss various techniques to record the current and long portions.-Term portion of installment notes

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This course will talk about different types and characteristics of bonds.

We will show you how to amortize discounts and premiums using different methods, including the straight-Discuss the pros and cons for each method: effective and line method.

This course will explain the difference between an operating lease and a capital lease, and when a lease should be recorded as a capital leasing.

We will also be able to look at the entire accounting cycle from a holistic perspective with a comprehensive problem.

This course will not only include instructional videos but also downloadable materials.

•    Downloadable PDF Files

•    Excel Practice Files

•    Multiple Choice Practice Questions

•    Short Calculation Practice Questions

•    Discussion Questions

We can download PDF files to access reference information offline, and to use the guide as a guide while we work through the material.

Excel practice files will already be prepared so we can concentrate on the adjusting process.

Multiple choice example question helps us improve our test-Reduce information to multiple choice questions, and then discuss how to approach these types of questions. This is called skill-building.

We can reduce complex calculations down to a shorter format so that they can be used in multiple choice questions.

Discussion Questions will give students the opportunity to talk about the topics with their instructors. It is often very beneficial for students because it allows them to view the topic from different perspectives.

Who are we learning from?

You will learn from someone who is an expert in accounting concepts, in accounting software such as QuickBooks, and has experience in teaching and putting together curriculum.

You’ll learn from someone who is a:

•    CPA – Certified Public Accountant

•    CGMA – Chartered Global Management Accountant

•    Master of Science in Taxation

•    CPS – Certifies Post-Secondary Instructor

•    Curriculum Development Export

The instructor is a CPA who has been practicing for many years. He helped clients understand and work through technical accounting issues.

The instructor is a CPS teacher and professor. He has worked with many students in accounting, business and business applications.

Instructors also have a lot of experience in designing courses. They know how students learn best and how they can help them achieve their goals. In order to be able to design technical courses in a logical way and solve problems related to software such as QuickBooks Pro, the instructor must have experience designing them.

This content includes:

·         How to record the issuance of bonds

·         How to record bonds issued at a premium

·         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 is this course for?

Accounting Students
Business owner
Anyone who is interested in learning accounting