$5,000 (Face Value)of Bonds with a Book Value of $4,300

question 52

Multiple Choice

$5,000 (face value) of bonds with a book value of $4,300 was retired 4 years and 9 months prior to maturity.The dollar amount (excluding interest) paid to retire the bonds was $4,700.The entry to record the retirement would include:

• A) dr. bonds payable $5,000
• B) cr. cash $4,300
• C) dr. bonds payable $4,700
• D) cr. unusual gain $400

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Definitions:

Base Tag

A foundational identifier or label used in systems to uniquely identify and manage various elements, such as inputs, outputs, and devices.

Event Task

A specific action or series of actions triggered by an event within a programmable system, such as a PLC or computer application.

Continuous Task

A task in control systems that runs repeatedly without interruption, typically used in monitoring or controlling processes.

ControlLogix Controllers

A range of industrial programmable logic controllers (PLCs) developed by Allen-Bradley, designed for applications requiring high-performance control and scalability.