The Journal Entry to Record a Semiannual Interest Payment on a Bond

question 110

Multiple Choice

The journal entry to record a semiannual interest payment on a bond payable:

• A)debits interest expense and credits cash.
• B)debits interest expense and credits bonds payable.
• C)decreases both assets and stockholders' equity.
• D)does both A and C

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Definitions:

Ex Post Facto Design

A research approach that examines the effects of an independent variable on a dependent variable after the events have occurred.

Focus Groups

Structured group discussions used to gather participants' attitudes, feelings, beliefs, and reactions to a specific subject or area of interest.

Experiments

Research procedures carried out under controlled conditions and based on the technique of manipulating one or more variables in hopes of observing an effect. Typically, an experimental condition is applied to one group, and the results are compared with those from another group (control group) that has had no experimental treatment.

Operationalization

The process of defining a fuzzy concept so as to make the concept measurable and to understand it in terms of empirical observations.