A cash register tape shows cash sales of $3,000 and sales taxes of $200. The journal entry to record this information is A) Cash 3, 200 Sales Revenue 3, 200 Cash 3, 200 Sales Tax Payable 200 Sales Revenue 3,000 C) Cash 3,000 Sales Tax Expense 200 Sales Revenue 3, 200 D) Cash 3, 200 Sales Revenue 3000 Sales Taxes Revenue 200 Bonds that are secured by real estate are termed A) mortgage bonds. B) serial bonds C) debentures. D) convertible bonds. Bonds with a face value of $500,000 and a quoted price of 97^1/4 have a selling price of A) $486, 250. B) $485, 125. C) $485, 013. D) $487, 500. On January 1, 2017, $4,000,000, 5-year, 10% bonds, were issued for $4, 240,000. Interest is paid annually on January 1. If the issuing corporation uses the straight-line method to amortize premium on bonds payable, the monthly amortization amount is A) $35, 332. B) $48,000. C) $4, 800. D) $4,000