10) Accrued liabilities are disclosed in financial statements by A) a footnote to the statements. B) showing the amount among the liabilities but not extending it to the liability total. C) appropriately classifying them as regular liabilities in the balance sheet. D) an appropriation of retained earnings. 11) Companies report bond discounts as a direct deduction from the face amount of the bond. 12) On January 1, 2021, Huff Co. sold $5,000,000 of its 10% bonds for $4,426,480 to yield 12%. Interest is payable semiannually on January 1 and July 1. What amount should Huff report as interest expense for the six months ended June 30, 2021? A) $250,000 B) $221,330 C) $265,589 D) $300,000 13) A company issues $15,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2020. Interest is paid on June 30 and December 31. The proceeds from the bonds are $14,703,108. Using effective interest amortization, what will the carrying value of the bonds be on the December 31, 2020 balance sheet? A) $15,000,000 B) $14,706,232 C) $14,709,481 D) $14,718,844