A Corporation Issued 8% Bonds with a Par Value of $1,000,000,receiving

question 17

Multiple Choice

A corporation issued 8% bonds with a par value of $1,000,000,receiving a $20,000 premium.On the interest date 5 years later,after the bond interest was paid and after 40% of the premium had been written off,the corporation purchased the entire issue on the open market at 99 and retired it.The gain or loss on this retirement is:

• A)$0
• B)$10,000 gain
• C)$10,000 loss
• D)$22,000 gain
• E)$22,000 loss

Recognize the significance of medical law, regulatory guidelines, ethics, and risk management in the practice of medical assisting.

Understand the different areas of medical assisting and their respective roles.

Identify key skills associated with general, administrative, and clinical areas of medical assisting.

Demonstrate knowledge of the specific tasks performed in the clinical area of medical assisting.