On October 31,2011,Bondable,Inc.issued $20,000 of 10-year,6% bonds at 100.The bonds pay interest annually on October 31.Which of the following will appear on Bondable's balance sheet at December 31,2011?
A) Bonds payable $18,800
B) Bonds payable $20,000
C) Bonds payable $21,200
D) Interest expense $1,200
Correct Answer:
Verified
Q184: On October 31,2011,Bondable,Inc.issued $20,000 of 10-year,6% bonds
Q185: Junque Bondz,Inc.issued 15-year bonds with a face
Q186: On November 1,2011,The Mane Event,Inc.borrowed $40,000 from
Q187: On November 30,2011,Just in Thyme,Inc.issued $10,000 of
Q188: On September 30,2010,Burrows,Inc.issued $100,000 worth of 30-year,8%
Q190: On January 1,2011,Dew Drop Inn borrowed $80,000
Q191: On October 31,2011,Bondable,Inc.issued $20,000 of 10-year,6% bonds
Q192: Borrowing cash is _ activity.
A)an operating
B)an investing
C)a
Q193: On January 1,2011,Dew Drop Inn borrowed $80,000
Q194: Team Shirts issued 10-year bonds with a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents