Five Thousand Bonds with a Face Value of $1000 Each

question 79

Multiple Choice

Five thousand bonds with a face value of $1000 each are sold at 97.Recording the issuance includes a(n)

• A)Increase to Cash and an increase to Bonds Payable for $ 4850000.
• B)Increase to Cash for $4850000 and to Discount on Bonds Payable for $150000 and an increase to Bonds Payable for $5000000.
• C)Increase to Cash for $4850000 and an increases to Premium on Bonds Payable for $150000 and to Bonds Payable for $5000000.
• D)Increase to Cash for $5000000 a decrease to Discount on Bonds Payable for $150000 and an increase to Bonds Payable for $4850000.

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Definitions:

Proteins

Large, complex molecules essential to all living organisms, playing critical roles in the body such as catalyzing metabolic reactions, DNA replication, and transporting molecules.

Phenylketonuria

A genetic disorder characterized by the body's inability to break down the amino acid phenylalanine, leading to potential brain damage and cognitive impairment.

Sickle Cell Anemia

An inherited form of anemia in which there is an abnormality in the hemoglobin beta chains; the inheritance pattern is autosomal recessive.

Cystic Fibrosis

A genetic disorder affecting the lungs and digestive system, characterized by thick, sticky mucus that can lead to severe respiratory and digestive problems.