On January 1,your Company Issues a 5-Year Bond with a Face

question 94

Multiple Choice

On January 1,your company issues a 5-year bond with a face value of $10,000 and a stated interest rate of 7%.The market interest rate is 5%.The issue price of the bond was $10,866.Your company used the effective-interest method of amortization.At the end of the first year,your company should:

• A)debit Interest Expense for $543.30,debit Premium on Bonds Payable for $156.70,and credit Interest Payable for $700.
• B)debit Interest Expense for $700,credit Premium on Bonds Payable for $156.70,and credit Interest Payable for $543.30.
• C)debit Interest Expense for $700,debit Premium on Bonds Payable for $156.70,and credit Interest Payable for $543.30.
• D)debit Interest Expense for $543.30 and credit Interest Payable for $543.30.

Understand strategies for fostering resilience and preventing burnout in the workplace.

Gain insight into the effects of work overload on employee performance and commitment.

Understand the basic estimates of protein-coding genes within the human genome.

Comprehend the principles of reading DNA sequencing results.

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Definitions:

Secure Attachments

A strong and healthy emotional bond that forms between a child and their caregiver, characterized by trust and a sense of safety.

Secure Attachment

A type of emotional bond in relationships characterized by trust, a sense of security, and a positive view of oneself and others.

Trustworthy

Descriptive of a person or entity deemed reliable, dependable, and capable of being trusted.

Comfort

A state of physical and emotional ease and freedom from pain or constraint.