Bond

Question 1

Issue of General Obligation Bonds at par

Answer 1

Dr. Cash
Cr. Bonds Payable

Question 2

Issue of Revenue Bonds at a premium

Answer 2

Dr. Cash
Cr. Bonds Payable
Cr. Premium on Bonds Payable

Question 3

Payment of semi-annual interest on General Obligation Bonds

Answer 3

Dr. Interest Expenditure/Expense
Cr. Cash

Question 4

Amortization of bond discount using straight-line method

Answer 4

Dr. Interest Expenditure/Expense
Cr. Discount on Bonds Payable

Question 5

Defeasance of General Obligation Bonds（債券発行者が債務を法的に消滅）

Answer 5

Dr. Bonds Payable
Cr. Deferred Amount on Refunding
Cr. Cash

Question 6

Recognition of accrued interest on Revenue Bonds at year-end

Answer 6

Dr. Interest Expenditure/Expense
Cr. Interest Payable

Question 7

Transfer to Debt Service Fund for future bond principal payment

Answer 7

Dr. Transfer to Debt Service Fund
Cr. Cash

Question 8

Recording of bond proceeds in Capital Projects Fund

Answer 8

Dr. Cash
Cr. Other Financing Sources - Bond Proceeds

Question 9

Payment of principal on maturity of General Obligation Bonds

Answer 9

Dr. Bonds Payable
Cr. Cash

Question 10

Amortization of bond premium using effective interest method

Answer 10

Dr. Premium on Bonds Payable
Cr. Interest Expenditure/Expense