On January 1,2019,Burton Sales Issued $23,000 in Bonds for $35,800

question 147

Multiple Choice

On January 1,2019,Burton Sales issued $23,000 in bonds for $35,800.These are eight-year bonds with a stated rate of 9% and pay semiannual interest.Burton Sales uses the straight-line method to amortize the bond premium.Immediately after the issue of the bonds,the ledger balances are as follows: Bonds Payable
Premium on Bonds Payable
After the first interest payment on June 30,2019,what is the balance of Premium on Bonds Payable? (Round your intermediate answers to the nearest dollar.)

• A) debit of $800
• B) debit of $14,400
• C) credit of $235
• D) credit of $12,000

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Federal Pay Equity Legislation

Laws enacted by the federal government aimed at eliminating wage discrepancies between employees performing work of equal value, irrespective of gender.

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A principle of fair treatment in the workplace that seeks to eliminate discrimination and encourage diversity in hiring, training, and promotion practices.

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Efforts and policies aimed at eliminating discrimination and achieving equal opportunity for all employees in the workplace.