The Journal Entry to Record the Sale of a Bond

question 162

Multiple Choice

The journal entry to record the sale of a bond at a discount will include a:

• A)debit to the discount on bonds payable account.
• B)credit to the discount on bonds payable account.
• C)debit to bonds payable.
• D)credit to cash.

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Definitions:

Employee Empowerment

A management philosophy that emphasizes giving employees the autonomy, resources, and skills to make decisions within their areas of responsibility.

Involvement Programs

Initiatives designed to engage employees in decision-making processes and to increase their input and commitment to the organization.

Human Resources Practices

The methods, policies, and procedures implemented by organizations to manage and develop their workforce, including recruitment, training, appraisal, and compensation.

Flexibility

The quality of being adaptable or variable, capable of changing or being modified according to different conditions or circumstances.