On November 1, 2018 A-1 Products borrowed $63 000 on a 8% 8-year note with anual instalment payments of $7 875 plus interest due on November 1 of each succeeding year. On November 1, 2020, what is the balance of the Long-Term Notes Payable account? (Round your answer to nearest whole number.) O A. $7875 O B. $55,125 OC. S63.000 O D. $47250 Which of the following describes a debenture? O A. a bond that gives the bondholder a claim for specific assets B. C. D. a bond that is not backed by specific assets a bond that matures at one specified time a bond that matures in instalments at regular intervals The Lakeside Company issues$518.000 of its 10%, 10-year bonds at 106 on March 31, 2019 The bonds pay interest on March 31 and September 30 On September 30,2019, how much cash did the company pay to the bondholders? O A. $25.900 O B. $12950 O C. $2.590 D. $51,800 When a bond is matured, the carrying value always equals the face value O True O False