On January 1,$300,000 of Par Value Bonds with a Carrying

question 169

Multiple Choice

On January 1,$300,000 of par value bonds with a carrying value of $310,000 is converted to 50,000 shares of $5 par value common stock.The entry to record the conversion of the bonds includes all of the following entries except:

• A)Debit to Bonds Payable $310,000.
• B)Debit to Premium on Bonds Payable $10,000.
• C)Credit to Common Stock $250,000.
• D)Credit to Paid-In Capital in Excess of Par Value,Common Stock $60,000.
• E)Debit to Bonds Payable $300,000.

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New-product Development Process

The series of steps from idea generation to market launch that companies follow to create and introduce a new product.

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Opportunities in the market where products, services, or business practices can be introduced or improved for potential profit and growth.

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An initial assessment process to determine the viability, risk, or worthiness of a project or candidate.