..1 T-Mobile Wi-Fi 2:42 PM 10 92% Done 14 of 15 MULTIPLE CHOICE. Choose the one allemative that best completes the statement o n the * 1) On March 1, 2015, Vinnie Services issued a 5% long-term notes payable for $15,000. It is payable over a 3-year term in $5,000 principal installments on March 1 of each year, beginning March 1, 2016. Each yearly installment will include both principal repayment of 1,000 and interest payment for the preceding one-year period. What is the amount of total cash payment that the Vinnie will make on March 1, 2016 A) $5,375 95.000 D) $15.000 _are categorised either current sets or long-term on the balance sheet depending on the many date A d-to-curity levels Equity Investment Trading D ared investment 3) Which of the following is true of a Discount on Bands Payable account? A) is added to the Bonde Payable balance and shown with w h alang B) is added to the Bands Payable balance and shown with owner's equity on the balance sheet It is subtracted from the Bands Payable balance and hown with the cut e s on the balance sheet. et la subtracted from the Bonde Puyable balance and shown with long-term liabilities on the balant on trading investments are reported in the section of Unrealised holding in or the income a t A) Red Ant Minority Interest Current A D) Other Revenues and spen - On November 2014 Archer Services s d 300.000 per bonde with 10%. The band were sold at pat, and Archangel mas semanal pai n Apeland October 31. A Deber 31, 2014 Archange made an angel e yad. No further werden April 2015 when they How much pence was conded for the period of January A) DUIDO B) 000 10.000 DIS. er. Which of p Rick a purchase 7,000 hares of lemppar value for 160 p the following the recommal entry to record the transaction? A) Debit Cash 2.240,000, and credit Puid-In Capital in Exco Per Cam B) De Treasury Stock Counmon $1,120.000 and credit $1,120,000 9 D Cwh 22.240,000 and edit Treasury Stock-Common 12.240,000 D) Common Stock-2 Par Vaha 2210,000 and credit ca 200.000 7) The per value ofte Aj the price paid the corporation purchases its own stock hack ) the current selling price lock the highest price for which a r e D) the mount ed by a completare le