On the Maturity Date of Bonds Payable After Interest Has

question 141

Multiple Choice

On the maturity date of bonds payable after interest has been paid, the issuing company will do which of the following?

• A) Record a loss of the market rate of interest on the maturity date exceeds the stated rate of interest.
• B) Pay bondholders the original amount the bondholders paid to purchase the bonds.
• C) Debit Bonds Payable and credit Cash for the par value of the bonds.
• D) Debit Cash and credit Bonds Payable for the carrying amount of the bonds.

---

Definitions:

Stage of Change

Stage of change refers to a phase within the Transtheoretical Model of Behavior Change, which describes the process individuals go through in changing behavior, ranging from not considering change to maintaining new behavior.

Preparation Stage

A stage in the Transtheoretical Model of behavior change where individuals intend to take action to address a behavior within the near future.

Self-Efficacy

An individual's belief in their own ability to succeed in specific situations or accomplish a task.

Stages of Change

A model describing an individual's readiness to act on a new healthier behavior and used in various therapeutic settings for behavior change.