Use the Information Above to Answer the Following Question

question 87

Multiple Choice

Use the information above to answer the following question.The entry to record the issuance of the bonds on January 1,2014,would include:

• A)a credit to Discount on Bonds Payable of $57,500.
• B)a debit to Cash of $442,500.
• C)a debit to Bonds Payable of $500,000.
• D)a credit to Premium on Bonds Payable of $90,000.

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Definitions:

Computer-Mediated Environment

A digital space enabled by computer technology in which individuals can interact, communicate, and create or access content.

Dramatic Impacts

Significant and often sudden effects or changes that dramatically alter the course or nature of events.

Artificial Intelligence

The simulation of human intelligence processes by machines, particularly computer systems, including learning, reasoning, and self-correction.

Blockchain

A decentralized digital ledger technology where transactions are recorded in a secure, transparent, and immutable manner across multiple computers.