Rewrite the Statement in the Form "If P, Then Q

question 292

Multiple Choice

Rewrite the statement in the form "if p, then q".
-Practice is necessary for making the team.

• A)If you didn't make the team, you didn't practice.
• B)If you practice, then you will make the team.
• C)If you make the team, then you must have practiced.
• D)If you make the team, then you will have to practice.

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Definitions:

Effective Interest Method

A method of calculating the amortized cost of a bond and of allocating interest expense over the bond's life, based on the bond's yield at issuance.

Premium on Bonds Payable

The amount by which a bond's selling price exceeds its face value, reflecting higher-than-market interest rates.

Interest Payable

A liability account on a company's balance sheet representing the amount of interest expense that has been incurred but not yet paid as of the reporting date.

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditures to the correct period.