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:

Secondary Reinforcers

Stimuli which become rewarding through their association with primary reinforcers, such as praise, tokens, or money.

Primary Reinforcers

Innate reinforcing stimuli that satisfy basic biological needs, such as food, water, and warmth.

Primary Reinforcer

A stimulus that is inherently rewarding and fulfills a basic biological need or desire.

Secondary Reinforcer

A stimulus that gains its reinforcing power through its association with a primary reinforcer, such as praise, money, or tokens, which are not naturally rewarding.