1. A company is issuing a $100,000 bond that can be repurchased by the company in at least five years for a price of $105,000. This is a a. C. convertible bond series bond b. callable bond d secured bond 2. a. Bonds payable should be shown on the balance sheet at their maturity value b. at their face value C. at their face value plus any unamortized discount. d. 3. at their face value less any unamortized discount. When the market interest rate is higher than the stated interest rate on a bond a. the bond will be issued at face value will be issued at a discount b. the bond c. the bond will be issued at a premium be issued at its maturity value d. the bond will 4. On April 1, the market rate of interest was 10% and a company issued $100,000 of 8%, 10 year bonds for $87,538. The entry to record the bond issuance is 5. a. Bonds Payable 87,538 Cash 87,538 b. Bonds Payable 100,000 Discount on Bonds Payable 12,462 Cash 87,538 C. Cash 87,538 Discount on Bonds Payable 12,462 Bonds Payable 100,000 d. Cash 87,538 Bonds Payable 87,538 On April 1, the market rate of interest was 8.5% and a company issued $100,000 of 8%, 10 year bonds at 99. If the company uses the straight-line method to amortize the bond discount, the semiannual amortization amount is a. $50 c. $1,000 b. $207.50 d. $4,207.50