Class Discussion ACC-291What is an accrued expense, accounting homework help

What is an accrued expense, why is it used and how is it accounted from one period to the next?

What is a bond and why do companies use them?   Do you think a bond sold at a discount is better or one at a Premium?

There is a GAAP principle that the accrual is a tool for.  Can any of you tell me what that principle is?

Brief discussion on Long-Term Liabilities.

Brief discussion on Off-Balance Sheet Financing.

Brief discussion on Capital Leases.

Brief discussion on Promissory Notes.