Need the answers only!

Qs 1

Which of the following would be considered Equity financing

Question 1 options:

	Issuing a Bond
	Getting A bank loan
	Issuing Shares
	Selling Equipment

Qs 2

Which of the following of financing would be used by a sole proprietor?

Question 2 options:

	Eequity financing
	Debt financing
	A combination of equity financing and debt financing

Qs 3

What type of financing would most likely be used by a corporation?

Question 3 options:

	Equity financing
	Debt financing
	A combination of equity financing and debt financing

Qs 4

Which of the following transactions occurs when a bond is originally issued

Question 4 options:

	debit to bank and credit to owner's equity
	debit to bank, credit to a liability
	debit to bank and a credit to a second asset
	debit to owner's equity and a credit to a liability

Qs 5

A $2000, ten year, 6%, bond is sold at face value. What is the payment at the end of the first six months. Do not enter a $ sign or any spaces.

=

Qs 6

A $10 000, four year, 5%, callable bond is issued at a 98.4 discount. In the first blank enter the cash value (amount debited to bank) when the bond was issued. In the second blank, enter the actual amount paid to cover the interest payment for the first six months (credit to bank). In the third blank, enter the amount debited to bond interest expense for the first six months (don't forget to take the discount into effect)

Question 6 options:

Blank # 1
Blank # 2
Blank # 3

Qs 7

A $25 000, five year, 8%, secured bond is issued at a 102 premium. In the first blank enter the cash value (amount debited to bank) when the bond was issued. In the second blank, enter the amount debited to bond interest expense for the first six months (don't forget to take the premium into effect).

Question 7 options:

Blank # 1
Blank # 2