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If interest is due at maturity, a $150,000, 6%, 9-month note payable requires an interest payment of Select one: O a. $6,750 O b. $9,000 O c. $750 O d. $1,000 If a bond has a face value of $10,000, fair value of $10,500, a 3% coupon interest rate and a 5% market interest rate, then the semi-annual interest payment will be Select one: O a $500 O b. $300 O c. $150 Od $250 Giant Toy Trucks Inc. pays their employees every 14 days (bi-weekly). Giant Toy Trucks Inc. employs 14 employees who each earn $160 per day. The last pay period for which employees were paid was December 10th-December 23rd, year 3. Ignoring income tax withholdings and other accruals, the adjusting entry for Salaries payable for the year ended December 31, year 3 would be: Select one: O a. Dr Salaries Expense 17,920 / Cr Salaries Payable 17,920 O b. Dr Salaries Expense 31,360 / Cr Cash 31,360 Oc. Dr Salaries Expense 1,280 / Cr Salaries Payable 1,280 O d. Dr Salaries Expense 31,360 / Cr Salaries Payable 31,360 Which of the following is true with respect to goods in transit Select one: O a FOB shipping point should be included in the buyer's ending inventory. O b. FOB shipping point should not be included in the buyer's ending inventory. O a FOB destination should not be included in the seller's ending inventory. O d. FOB destination should not be excluded from the buyer's ending inventory