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Unformatted text preview: Interest Insurance Noncurrent Liabilities Long-Term Debt Terms Financial Leverage Bond/Bond payable Face Amount Bond discount Bond premium Coupon Callable Bonds Recognition of interest expense on Bonds Payable Example Journal Entry Deferred Tax Liabilities Management 200T Accounting for and Presentation of Liabilities Chapter 7 Example Other Noncurrent Liabilities Anything that doesnt fit elsewhere Example Obligations to pension plans or other employee benefit plans Contingent Liabilities Potential gains or losses which depend on one or more future events. Two conditions Must be probable that loss will be confirmed by future transaction or event Amount of loss must be reasonably estimable...
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This note was uploaded on 04/18/2008 for the course MGMT 200T taught by Professor Purdum during the Fall '08 term at Purdue University-West Lafayette.
- Fall '08