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At 12/31/2019, the Chez Company is holding 2,000 shares of ABC Inc. stock that Chez Company paid $4,000 for. The Chez Company has classified the

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At 12/31/2019, the Chez Company is holding 2,000 shares of ABC Inc. stock that Chez Company paid $4,000 for. The Chez Company has classified the shares as "Trading Securities." At the end of 2019, the 2,000 shares were worth a total of $5,000. On the 12/31/2019 Balance Sheet, the stock should be O A Valued at $4,000. B. Valued at $2,000. Not disclosed due to the security being classified as "Trading Security," OD. Valued at $5,000. QUESTION 18 Burton Company issued bonds with a face value of $100,000 on January 1, 2019, for $90,000. Which of the following journal entries would be required to record the bond issue? O A. Cash Discount on Bonds Payable Bonds Payable 90,000 10,000 100,000 100,000 B. Cash Discount on Bonds Payable Bonds Payable 10,000 90,000 C. Cash Bonds Payable 100,000 100,000 90,000 D. Cash Bonds Payable Premium on Bonds Payahle 80,000 10,000

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