30. A company has an investment in 9% bonds with a pir value of $100,000 that pays interest on October 1 and April 1. The amount of interest eccrued on December 31 (the company/s year-end) would be: A) 5750 . B) 51,500 . C) 52,250 . D) 54,500 . B) 59,000 . 30. 31. Roe Corporation owns 2,000 shares of WRJ Corporation stock. WRJ Corponation has 25,000 shares of stock outstanding. WRJ paid SA per share in cash dividends to its stock holders. Roc's entry to record the receipt of these dividends is: A) Debit Cash, 58,000 ; credit Long-Term Investments, $8,000. B) Debt Long Term Investment, \$8,000; credit Cash, \$8,000. C) Debit Cash, $8,000; credit Dividend Revenue, $8,000. D) Debit Unrealized Gain-Equity, $8,000; credit Cach, $8,000. B) Debit Cash, 58,000; credit Interest Revenue, $8,000. 31. 32. A company paid $37,800 to soquire 8% bonds with a $40,000 maturity valse. The company intends to hold the bonds to maturity. The cash proceeds the company will receive when the bonds mature equal: A) 537,800. B) 538,325 . C) 540,000 . D) 540,525 . B) $43,200. 32. 33. Kendall Corp. purchased at par value, $160,000 of Burker Company's 7% bonds that mature in 10 months. The bonds pay interest seminnaully on June 1 and December 1 . Kendall plans to hold the bonds until they meture. The journal entry to record Kendalrs purchase of the bonds is: A) debit Dobt Investments- HTM $160,000; credit Cash, $160,000. B) debit Cash, \$169,333; credit, Short-Term Investments-Him $169,333. C) debit Cash, $160,000; credit Short-Term Investments- im $160,000. D) debit Long-Term Investments- HTM$160,000; eredit Cash $160,000. B) debit Cash, $160,000; credit Long-Tem Investments- HTM$160,000. 33. 34. Accounting for long-term investments in equity securities with controlling influence uses the: A) Controlling method. B) Consolidation method. C) Investor method