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Employers withhold which of the following from employee's paychecks Question 16 options: LFRA FICA Unemployment Tax All of the Above The three key pieces of

Employers withhold which of the following from employee's paychecks

Question 16 options:

LFRA

FICA

Unemployment Tax

All of the Above

The three key pieces of information that are stated on a bond certificate are:

Question 19 options:

the interest payment, the face value of the bond, and the credit rating of the company.

the market interest rate, the price of the bond, and the maturity date.

the stated interest rate, the face value of the bond, and the maturity date.

the interest payment, the issue price of the bond, and the credit rating of the company.

On October 1, your company borrows $200,000 in order to build a new factory. The loan is for 10 years, at 7% interest, and semiannual interest payments are due each April and October. The journal entry to record the issuance of the promissory note should:

Question 20 options:

debit Notes Payable for $200,000, debit Interest Expense for $14,000, credit Cash for $200,000, and credit Interest Payable for $14,000

debit Accrued Interest for $14,000 and credit Cash for $14,000

debit Cash for $200,000 and credit Notes Payable for $200,000

debit Cash for $200,000, debit Interest Expense for $14,000, credit Notes Payable for $200,000, and credit Interest Payable $14,000.

Which of the following are generally recorded as liabilities on the balance sheet?

Question 24 options:

Remote likelihood liabilities.

Possible contingent liabilities.

Probable contingent liabilities.

Immaterial contingent liabilities

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