McDonald Sales Prepared a Bond Issue of $20,000 Dated January

question 116

Multiple Choice

McDonald Sales prepared a bond issue of $20,000 dated January 1,2013.The bonds have a stated rate of 3% and a term of 6 years.The bond issue was delayed,and the bonds were finally sold on March 1,2013 at par.On June 30,2013,the first semiannual interest payment is made.The journal entry to record that interest payment will include which of the following line items?

• A) Credit Cash for $200
• B) Debit Cash for $300
• C) Credit Interest payable for $100
• D) Debit Interest expense for $200

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Definitions:

Mental Health Disorder

A broad range of conditions that affect an individual’s mood, thinking, and behavior, potentially impacting daily functioning and well-being.

Sexual Minorities

Individuals whose sexual orientation, identity, or practices differ from the majority within a given society or culture.

Employment Discrimination

Unfair or unequal treatment of an employee or job applicant based on personal characteristics that are unrelated to job performance, such as race, gender, or age.

Harassment

Encompasses unwanted, offensive, and often repetitive behavior that aims to intimidate, offend, or humiliate an individual.