Use the Following Information to Answer Question

question 21

Multiple Choice

Use the following information to answer question
The voters in Ohio City approved the construction of a new city hall building and approved a $10 million bond issue with a stated rate of interest of 6% to fund the construction.When the bonds were issued, they sold for 99.Assuming that the City's has agreed to transfer money from its General Fund to make up the difference, what are appropriate entries related to the discount?
-In the debt service fund

• A)Debit Cash $100.000; Credit Revenues $100,000; no other entries required.
• B)Debit Cash $100,000; Credit Other financing sources-transfer $100,000; No other entries required.
• C)Debit Other financing sources-transfer $100,000; credit Cash $100,000.
• D)No entry in the Debt Service Fund.

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Definitions:

Major Life Stressor

Significant life events or changes that require substantial adjustments, often causing stress or difficulty.

Immune Response

The body's defensive reaction to external substances or pathogens, involving recognition and attack by the immune system.

Fight-or-Flight Response

A physiological reaction that occurs in response to a perceived harmful event, attack, or threat to survival, activating the sympathetic nervous system.

Tend-and-Befriend Response

A behavioral response to stress, especially noted in women, which involves nurturing activities and seeking social support.