1. Xenia Corporation ssoed3,000 term bonds with a face vahe of $1,000 sach and no adltional festures for $3,200,000. The bond' selling price indicated that the bonds were paing interest that was- ?.lowerthan themaktrate B. the rate the bond imvestors wanted C. equal to par value D higher than the market rate 2. When allocating proceeds from the issunce of boeds nith stock warasts U.S. GAAP alloeates the proceeds betwreen the debt and equity components asing the proportional method when detachable stock warrants have a determinable market value rue False 3. Ripa. Inc. issued 1,000 of its $1,000 par value bonds for $1,000, providing total cash proceeds of S 1,000,000 The bonds contained nom-detachable stock warrants Similar bonds without the be recorded? warrants were selling at $ 990. What amount of Paiddash in Capitallong dash Stock Warrant A $ 970,000 B. S 10,000 C. $ 20,000 D.sO 4. The air value option for liabilities reports urealized pains and losses A in net income B as other comprebensive income C.as long-term capital gains D direstlh to retained earnings 5. Vesneto Vineyads reacquired 10,000 shares of is commos stock for $15 per share What is the joumal estry necessary to record this transaction? A. Treasury Stock 10,000 Addal Paid-in-Capital10,000 B. Cash 150,000 Treasury Stock 150,000 C. No entry required. D. Treasury Stock 150,000 Cash 150,000