Bonds Payable & Accounting for Bond Insurance Bonds Payable & Accounting for Bond Insurance Bonds payable are a form of long-term debt issued by corporations, municipalities, or other entities to raise capital. DSIJ Intelligence-1 / Sunday, January 12, 2025 0 227 Article rating: 3.0 The accounting treatment of bonds payable involves recognizing the liability on the balance sheet, tracking interest payments, and adjusting for any premium or discount related to the bond’s issue price. Read more