Using the Following Accounts

question 44

Multiple Choice

Using the following accounts:
Indicate the account(s) to be debited and credited to record the following transactions.
-Issued bonds at face value in exchange for equipment.
Debit ________ Credit ________

• A)Cash
• B)Bond Sinking fund
• C)Equipment
• D)Building
• E)Land
• F)Accounts payable
• G)Notes payable
• H)Bond payable
• I)Bond interest payable
• J)Premium on bonds payable
• K)Discount on bonds payable
• L)Common stock
• M)Retained earnings
• N)Sinking fund earned
• O)Bond interest expense
• P)Gain on retirement
• Q)Loss on retirement

---

Definitions:

Flooding

A behavior therapy based on classical conditioning and used to treat phobias by exposing clients to the feared object or event (or asking them to imagine it vividly) for an extended period, until their anxiety decreases.

Time-out

A disciplinary technique that involves placing a child in a designated area for a short period to encourage reflection on inappropriate behavior.

Disruptive Classroom Behavior

Any student actions that interrupt the educational process, including but not limited to talking out of turn, inattention, or defiance.

Stimulus Elimination

The process of removing or reducing a stimulus that triggers an unwanted response or behavior.