Genesis Reported That Bonds with a Face Value of $100,000

question 6

Multiple Choice

Genesis reported that bonds with a face value of $100,000 and a carrying value of $67,000 are retired for $60,000 cash,resulting in a loss of $7,000.The amount to be reported in the financing section is

• A)$(3,000)
• B)$57,000
• C)$58,000
• D)$60,000
• E)This item is not reported

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Exercising

The act of engaging in physical activity to improve health and fitness.

Health History

A comprehensive record of a person's medical history including illnesses, surgeries, and medication history.

Stress Level

A measure of the amount of mental or emotional strain or tension resulting from adverse or demanding circumstances.

Blood Pressure

The pressure applied by flowing blood against the walls of the arteries, used to evaluate the health of the heart and blood vessels.