I need help as soon as possible.

Quiz 4-spring-summer 2017 [Compatibility Model - Word File Home Insert Design Layout References Mailngs Reviews ViewTell me whst you wont to do A Share Circle the comectanser to the following questions Eachquestion caries two points. l. When a notepayable is ex changedforpaopety goods or serrices the statedinterestrate ispresumed to be fair rnless a. no interest rate is stated b. the state dinterest rate Isunreasonable c. the statedface amourt of the note ism aterially diffetertfrom the curent cashealesprice fo similar temor from curent fairvalue of the note any ofthese ansrersate cotrect. d. 2. The generally acceptedmehod of accourdingfor gainsorlosses from the early extingaishn ent of de treats any gan or loss as a. an adusmertto the cost basisofthe asset obtainedbythe debtissae b. an am outthat shoddbeconsidere d a cashadustnerilo the cost ofany othedebtissued over the rem aininglife of the old debtinstrum ent. an am ozutre cesve dorpaidtoobtain a new debtinstrum ent and ssuch, douldbeamortized overthe life ofthenew debt. a differencebetween the eacquisitionpaice and the net carryingamot ofthe dett which should be recognixedin the extinguishm ent period. c. d. 3. Under the effective-interest rn ethcd of cad discount opremiun anonizatio, lhe periodic interest e xp en se is equalto a. the stated nomal) rate of interest multiplied by the facevalue ofthe bonds b. the markettate ofinterest rnatipliedbythe face value ofthe bonda c. the statedratemuitipiedbythe begiing-of-period carryingan ount of the bondse. d. the marketrate multipliedby the beginunof-penod carryingarn ount of the bonds 4. When the intetestpaym end dates of a bonda Mayl andNovembel, andabondissueis sold onJune1, the am ourt of cash receiredby theissuer wl be , decreased by acouedinterestfrosn June l to November) b. decreasedbyacauedintstestfromMay1 toJune1 c. increased by accuedinterest from June 1 toNovember 1 d. increased by accrudinteest rom May1 to June 1 5. If a cot!pany chooses the fair value option, a decrease in the fair value of the liability is recorded by crediting a. BondsPayable b. Gainon Restucturingof Debt c. UntealizedHoldingGainLossIncome. d. RealizedHolcingGain. Page 1 of4 1581 words E English (United States) + 97%