On July 1, 2020, an Interest Payment Date, $ 180,000

question 37

Multiple Choice

On July 1, 2020, an interest payment date, $ 180,000 (par value) of Lusaka Corp. bonds were converted into 3,600 of their no par common shares. At this time, the unamortized discount on the bonds was $ 7,200. When the bonds were originally issued, the equity portion of the bond was valued at $ 1,700. Using the book value method, Lusaka would record

• A) an $ 174,500 increase in Common Shares.
• B) an $ 172,800 increase in Common Shares.
• C) an $ 171,100 increase in Common Shares.
• D) no change to Contributed Surplus.

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Definitions:

Walking Distance

The length or extent that can be traveled on foot, often used to measure accessibility or exercise levels.

Public Health Nursing

The practice of promoting and protecting the health of populations through knowledge of nursing, social, and public health sciences.

Community Health Nursing

A branch of nursing focused on promoting and protecting the health of populations in community settings rather than individual patient care.

Population Needs

Refers to the general requirements of a particular population, including healthcare, nutrition, education, and safety services necessary for optimal health and well-being.