The Balance in the Debentures Payable Account Is a Credit

question 79

Multiple Choice

The balance in the Debentures payable account is a credit of $67,000.The balance in the Discount on debentures payable account is a debit of $2150.How much is the debentures' carrying amount?

• A)$2150
• B)$67,000
• C)$69,150
• D)$64,850

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Definitions:

Cosmetics

Substances or products used to enhance or alter the appearance or fragrance of the body.

Biological Products

Products derived from living organisms, including vaccines, blood components, allergenics, and cellular and gene therapies, used in healthcare.

Organizational Ethics

The principles and standards that guide behavior within the context of a specific organization.

Financial Performance

A measure of how well a company can use assets from its primary mode of business to generate revenues.