On November 1,2015,Archangel Services Issued $200,000 of 10-Year Bonds with a Stated

question 44

Multiple Choice

On November 1,2015,Archangel Services issued $200,000 of 10-year bonds with a stated rate of 3%.The bonds were sold at par,and make semiannual payments on April 30 and October 31.At December 31,2015,Archangel made an adjusting entry to accrue interest at year-end.How much interest expense will be recorded at December 31,2015?

• A) $6,000
• B) $1,000
• C) $500
• D) $1,500

---

Definitions:

Phenotypic Effects

Observable traits or characteristics of an organism resulting from the interaction of its genotype with the environment.

Heterozygous

Having two different alleles for a single trait.

Technical Terminology

Specialized or industry-specific vocabulary used by professionals to communicate precisely in their field of expertise.

Summary

A concise statement or overview that captures the essential points of a text or speech.