The Balance in the Debentures Payable Account Is a Credit

question 33

Multiple Choice

The balance in the Debentures payable account is a credit of $50 000. The balance in the Premium on debentures payable account is a credit of $900. How much is the debenture carrying amount?

• A)$51 900
• B)$50 900
• C)$49 100
• D)$900

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Definitions:

Epithelial Tissue

A type of tissue that lines the outer surfaces of organs and blood vessels, as well as the interior surfaces of cavities in many internal organs, characterized by its sheet-like appearance and lack of blood vessels.

Acting as Barrier

A function or mechanism that prevents certain substances or signals from passing or being transmitted.

Secretion of Substances

The process by which substances are produced and released from a cell, gland, or organ for a particular function in the organism.

Connective Tissue

A type of tissue in the body that supports, protects, and gives structure to other tissues and organs.