On April 1,Year 1,the Journal Entry to Record Issuance of the Bonds

question 123

Multiple Choice

On April 1,Year 1,the journal entry to record issuance of the bonds will include:

• A)A credit to Interest Payable of $1,000,000.
• B)A debit to Cash of $20,000,000.
• C)A credit to Bonds Payable of $2,100,000.
• D)A debit to Cash of $21,000,000.

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Definitions:

Heart Wall

The heart wall is the muscular structure that composes the heart, consisting of three layers: the epicardium, the myocardium, and the endocardium.

Mediastinum

An anatomical region in the thorax that separates the lungs and contains the heart, esophagus, trachea, and other structures.

Base

Molecule that is a proton acceptor; any substance that binds to hydrogen ions. Lower part or bottom of a structure; the base of the heart is the flat portion directed posteriorly and superiorly; veins and arteries project into and out of the base, respectively.

Inferior Aspect

The lower part or section of an anatomical structure or body part.