Use the Following Information for Questions

question 71

Multiple Choice

Use the following information for questions
On January 1, 2010, Bregeut Company, a calendar year corporation, purchased 600 of the $1,000 face value, 9% bonds of Clariant Incorporated, for CHF622,000, including brokerage fees.The bonds, which mature on January 1, 2015, pay interest semiannually on July 1 and January 1.
-The entry on Bregeut's books to record the acquisition will include

• A)a credit to Bonds Payable for CHF600,000.
• B)a debit to Interest Receivable for CHF54,000.
• C)a credit to Premium on Bonds Payable for CHF22,000.
• D)a debit to Debt Investments for CHF622,000.

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Definitions:

Approach-avoidance

A psychological conflict that occurs when an individual is simultaneously drawn to and repelled by the same object, goal, or activity.

Avoidance-avoidance

A psychological conflict involving a choice between two undesirable outcomes or situations.

Approach-approach

A conflict situation in which an individual must choose between two desirable outcomes.

Double approach-avoidance

A psychological conflict involving two goals or situations, each possessing both attractive (approach) and repulsive (avoidance) aspects, making decision-making more complex.