34.A Discount on Bonds Payable account: Question 34 options: is an adjunct account to Bonds Payable. will cause interest expense to be less than cash interest payable. is increased over the life of the bond until it equals the bond's face value. is a contra account to Bonds Payable.

35.Dina Corp. had 500,000 shares of common stock outstanding throughout the year. Dina reported net income of $2,400,000 and declared preferred stock dividends of $400,000 during the year. Dina should present earnings per share of: Question 35 options: $0.80. $4.00. $4.80. $6.00.

36.In order to be considered extraordinary, an item must be: Question 36 options: infrequent and unusual. unusual and uninsured. uninsured and infrequent. infrequent and uninsured.

37.If the market rate of interest is lower than the stated rate, bonds will sell at an amount: Question 37 options: equal to face value. not determinable from the given information. higher than face value. lower than face value.