On January 1, 2013, Zebra Corporation Issued 1,000 of Its

question 131

Multiple Choice

On January 1, 2013, Zebra Corporation issued 1,000 of its 8%, $1,000 bonds at 98. Interest is payable semiannually on January 1 and July 1. The bonds mature on January 1, 2023. Zebra paid $50,000 in bond issue costs. Zebra uses the straight-line amortization method. What is the bond carrying value reported in the December 31, 2013, balance sheet?

• A)$1,045,000.
• B)$1,040,000.
• C)$987,000.
• D)$982,000.

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Definitions:

Schizophrenia

A chronic mental health disorder characterized by distortions in thinking, perception, emotions, language, sense of self, and behavior.

Fraternal Twin

Twins that develop from two different eggs fertilized by two different sperm, making them genetically similar as typical siblings rather than identical.

Genetic Factors

Components found in the genetic material of an organism that affect characteristics, actions, and the likelihood of developing specific diseases or conditions.

Schizophrenia

A serious mental disorder in which people interpret reality abnormally, often experiencing a combination of hallucinations, delusions, and extremely disordered thinking and behavior.