A $100,000 Bond Was Retired at 95 When the Carrying

question 34

Multiple Choice

A $100,000 bond was retired at 95 when the carrying amount of the bond was $103,000. The entry to record the retirement would include a:

• A) loss on bond redemption of $3,000.
• B) gain on bond redemption of $3,000.
• C) gain on bond redemption of $8,000.
• D) loss on bond redemption of $8,000.

---

Definitions:

Risk Factor

Any attribute, characteristic, or exposure that increases the likelihood of developing a disease or injury.

Testicular Cancer

A type of cancer that originates in the testicles, the male reproductive glands; it is one of the most treatable and curable cancers when detected early.

White Men

A demographic group defined by race (white) and gender (male), often examined in socio-political and cultural contexts.

Black Men

Refers to male individuals of African descent or who identify with the Black racial and cultural group.