39) Walters Company bought a building for $140,000 by paying $47,000 cash and signing a 30-year mortgage note for $93,000 at 11% interest. What is the journal entry to record the purchase of the building? A) Dr. Building 140,000 Cr. Mortgages Payable 140,000 B) B) Dr. Cash 47,000 Dr. Mortgages Payable 93,000 Cr. Building 140,000 C) Dr. Building 140,000 Dr. Mortgages Payable 93,000 Cr. Cash 233,000 D) Dr. Building 140,000 Cr. Mortgages Payable 93,000 47,000 Cr. Cash 40) The date when the bond principal must be repaid to bondholders is called the: A) Issuing date B) Interest date C) Maturity date D) Installment date 41) A secured bond is: A) A bond that matures in installments at regular intervals B) A bond that is backed by specific assets belonging to the firm issuing the bonds C) A bond that matures at one specified time D) A bond that is backed only by the general creditworthiness of the firm issuing the bonds 42) Current liabilities generally include all of these except: A) Income Tax Payable B) Bonds Payable C) Sales Tax Payable D) Employee Health Insurance Payable