Diatoms Are Algae Whose Silicon Dioxide-Containing Shells Are Useful Economically

question 3

Multiple Choice

Diatoms are algae whose silicon dioxide-containing shells are useful economically as

• A)filters.
• B)fertilizers.
• C)stabilizers.
• D)thickeners.

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Definitions:

Notes Payable

Notes payable are written agreements where a borrower agrees to pay back a specified amount of money, plus interest, to a lender by a certain date.

Issuance

The process of distributing new or existing securities for sale to investors.

Journal Entry

A record in accounting that notes the details of a financial transaction in terms of debits and credits to the accounts.

Discount on Bonds Payable

The difference between the face value of a bond and its selling price when the bond is sold for less than its face value.