ASAP please

7- Which of the following statement is the most true A) If bond issued at premium the reported value (carrying value) of bond will be decreasing during the bond term (period). B) If bonds issued at discount annual inertest expenses will be higher than annual interest payment during the bond period. C) Bond issued at discount when the market rate of interest is higher than the stated rate of interest. D) A&B E)B&C F) all of the above. I 8) Which of the following statement is the most true A) Trading securities should be reported at fair value with unrealized gain or loss reported in the income statement. B) Available for sales securities should be reported at fair value with unrealized gain or loss reported among other comprehensive income in the B/S C) If short term securities are not traded in active market they should be reported at COST. D) A & B. E) All of the above statements are true. 9) Which of the following statement is the most true A) Treasury shares purchased always reported in the equity section & usually reduce book value per share B) Loss on reissuing treasury share reported in income statement but gain reported in the equity section. This an application of conservatism. C) Reissuing treasury stock at higher than cost lead an increase in EPS. D A & B E) A, B & C all are true. F) None of the above. 10 ) Which of the following statement is the most true A) The SLM based on assumption that the services provided by the asset are equal and uniform over the asset useful life B) When assets acquired by deferred contract; zero interest -long term Note payable, PPE recognized or recorded at fair value which is simply the face value of the note and no interest expenses recognized during the Note period. C) Interest charges resulted from financing of self constructed long term assets always excluded from assets cost D) All of the above statements are true