Blanding Company Issues $1 000 000 of 8%, 10- Year

question 31

Multiple Choice

Blanding Company issues $1 000 000 of 8%, 10- year debentures at 98 on 28 February 2014. The debenture pays interest on 28 February and 31 August. The market rate of interest on the issue date was 10%. The journal entry to record the issue would include a:

• A)credit to Discount on debentures payable for $20 000.
• B)debit to Cash for $1 000 000.
• C)debit to Cash for $980 000.
• D)credit to Debentures payable for $980 000.

Grasp the essential features of middle childhood development and parental involvement.

Recognize school phobia and its treatment options.

Identify and understand different levels of moral reasoning and expectations.

Understand various therapies for treating conduct disorders.

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Definitions:

Immune System

The body's defense mechanism against infectious organisms and other invaders, consisting of a network of cells, tissues, and organs.

Progesterone

A hormone associated with feelings of closeness to others.

Testosterone

A hormone that is much higher in men than in women.

Estrogen

A group of steroid hormones that promote the development and maintenance of female characteristics in the human body.