Pace Company Issued at 97 Bonds with a Face Value

question 8

Multiple Choice

Pace Company issued at 97 bonds with a face value of $200,000.As a result of the issue:

• A)Assets and liabilities would both increase by $200,000.
• B)Assets and liabilities would both increase by $194,000.
• C)Assets would increase by $194,000 and liabilities would increase by $200,000.
• D)Assets would increase by $200,000,and liabilities would increase by $194,000.

---

Definitions:

Cardinal

A fundamental aspect or principle.

Thematic Apperception Test

A projective psychological test used to reveal a person's social drives or needs by their interpretation of a series of pictures of emotionally ambiguous scenes.

Henry Murray

An American psychologist who developed the theory of needs and the Thematic Apperception Test (TAT) for personality assessment.

Personality Psychology

The study of individual differences in personality and how they affect behavior and mental processes.