1. Sadowski Brick Company issues a $200,000 bond on January 1 at an interest rate of 6% for 9 months. The entry made by Sadowski Brick Company on January 1 to record the proceeds and issuance of the bond is a. Interest Expense 9,000 Cash. 191,000 Bonds Payable 200,000 b. Cash 200,000 Bonds Payable 200,000 c. Cash 200,000 Interest Expense 9,000 Bonds Payable 209,000 d. Cash 200,000 Interest Expense 9,000 Notes Payable 200,000 Interest Payable 9,000 2. The interest charged on a $100,000 bond, at the rate of 6%, for 60-days would be a. $6.000. b. $3,333 c. $1,500 d. $1,000 3. If Justin Bieber Company issues 1,000 shares of $7 per share common stock for $70,000, the account a. Common Stock will be credited for $65,000. b. Paid-in Capital in Excess of Par Value will be credited for $70,000. c. Paid-in Capital in Excess of Par Value will be credited for $75,000. d. Cash will be debited for $70,000. Treasury stock is a. stock issued by the U.S. Treasury Department. b. stock purchased by a corporation and held as an investment in its treasury. c. corporate stock issued by the treasurer of a company. d. a corporation's own stock, which has been reacquired and held for future use