Use the Following Information to Answer Questions

question 17

Multiple Choice

Use the following information to answer questions
Bayne Inc.bought bonds at a cost of $12,000 on March 1, 2011.At the end of the first quarter, March 31, Waba prepared financial statements and the bonds had a market value of $12,800.Bayne sold the bonds for $12,100 on May 18 before receiving any interest for them.
-On their first quarter financial statements prepared for the period ending March 31, Bayne should have recorded:

• A)An unrealized gain of $800
• B)An unrealized loss of $300
• C)A realized gain of $300
• D)no adjustment was required

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Definitions:

Autonomic Nervous System

The part of the nervous system that controls involuntary bodily functions such as heartbeat, digestion, and breathing.

Parasympathetic Branches

Components of the autonomic nervous system responsible for regulating the body's unconscious actions, often described as "rest and digest" functions.

Sympathetic

Characterized by feelings of compassion or empathy towards others, often leading to supportive actions.

Transactional Model

A theoretical framework that emphasizes the dynamic exchange between individuals and their environment, often used in understanding communication processes.