fundamentos de contabilidad

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true or false

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If the market rate of interest is 8%, the price of 6% bonds paying interest semiannually with a face value of $100,000 will be a. Equal to $100,000 b. Greater than $100,000 c. Less than $100,000 - d. Greater than or less than $100.000, depending on the maturity date of the bonds TRUE OR FALSE (Shows references are required) 16. If sinking fund cash is used to purchase investments, those investments are reported on the balance sheet as marketable securities. Bonds payable would be listed at their carrying value on the balance sheet. 18. The unamortized Discount on Bonds Payable account is a contra-liability account. The balance in Premium on Bonds Payable should be reported as a deduction from Bonds Payable on the balance sheet. 20. The balance in a bond discount account should be reported on the balance sheet as a deduction from the related bonds payable. 21. Gains and losses on the redemption of bonds are reported as other income or other expense on the income statement 24. The balance in Premium on Bonds Payable a. should be reported on the balance sheet as a deduction from the related bonds payable b. should be allocated to the remaining periods for the life of the bonds by the straight- line method, if the results obtained by that method materially differ from the results that would be obtained by the interest method c. would be added to the related bonds payable on the balance sheet d. should be reported in the paid-in capital section of the balance sheet