This exercise book is the second of three exercise books that correspond directly with the Liabilities and Equity textbook. The exercises relate specifically to Part 2 of the Liabilities and Equity textbook. Exercises focus on long-term obligations, including, long-term notes, future values, present value, annuities, bonds payable (including bonds issued at: par, premium and a discount), amortization methods, and debt analysis. You can download the book for free via the link below.