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Moving to another question will save this response. Question 11 A Question 11 of 15 1 points Save Ansel ABC Inc. has bonds outstanding with
Moving to another question will save this response. Question 11 A Question 11 of 15 1 points Save Ansel ABC Inc. has bonds outstanding with a par value of $100,000. The unamortized discount on these bonds is $3,500. The company retired these bonds by buying them on the open market at 97% What is the gain or loss on this retirement? OA $3,500 gain OB. $500 loss Oc. $3,500 loss OD. $0 gain or loss Moving to another question will save this response Question 11ef15 SAMSUNG E Question 10 All the following statements concerning bonds are correct, Except: OA. Bonds Interest is tax deductible. OB. Bonds are usually considered to be a long term liability. OC. Bonds can be issued either at par, premium, or discount. OD. Bondholders have voting rights. Investing activities include the (select the best answer): OA. Sale of short-term investments other than cash equivalents. OB. Sale of plant assets. OC. Purchase of plant assets. OD. All answers are correct. Question 8 Which of the following shows the proper effect of a stock split and a stock dividend? OA Item Stock Split Stock Dividend Total paid-in capital Increase OB. Item Stock Split Total retained earnings Decrease Item Stock Split Par value per share OD. Item Par value per share No change Decrease Stock Split Increase Stock Dividend Decrease Stock Dividend No change Stock Dividend Increase
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