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Using the information below, write the journal entry to record the payment of the bond on the maturity date.
A $400,000 issue of bonds that sold for $363,000 matures on August 1, 2015.
Five-factor Model
a theory that describes human personality as composed of five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.
Neurotic
Pertaining to a personality type characterized by anxiety, moodiness, worry, or fear.
Extraverted
Characterized by a preference for social interactions and high levels of energy when engaging with others.
Normative-stage Models
Psychological theories that describe human development as occurring in fixed stages, each characterized by specific norms or behaviors.
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