please answer mcqs

View Policies Current Attempt in Progress Bonita Inc. issues $578000 of 4%, 8-year bonds for cash proceeds of $505397. The market interest rate is 6%. Interest is paid semi- annually. To the nearest dollar, what is the carrying amount of the bonds after the first interest payment? O $508999 O $510451 O $578000 O $520559 Seve for late Attempts:0 of 1 used Submit Answer 16 View Policies Current Attempt in Progress Which of the following statements is true? O The carrying amount of a bond is its face value plus any unamortized premium or less any unamortized discount. The carrying amount of a bond is its face value less any unamortized premium or plus any unamortized discount. The carrying amount of bonds issued at a discount will initially be higher than the face value. O The carrying amount of bonds issued at a premium will initially be lower than the face value. Save for later Attempts: 0 of 1 used Submit Answer IT to View Policies Current Attempt in Progress On March 1, Concord Corp, issues a 3 year 6%, $53000 note payable. The terms of the note include equal monthly instalment payments of $1612. The entry to record the second instalment payment will include a O debit to Cash of $1612. O debit to Interest Expense of $265. O credit to Interest Expense of $258. O debit to Notes Payable of $1354. Submit Answer Attempts:0 of 1 used Save for Late at ch Current Attempt in Progress Interactive Computer Company signed a 10-year, 6.00%, $900,000 mortgage on June 30, 2021, to help finance a new repair center. The mortgage terms provide for semi-annual payments of $60.494. Payments are due on December 31 and June 30 The company's year end is June 30 (a) Prepare an instalment payment schedule for the first two years. (Round answers to the nearest whole dollar, eg 5.275) Semi annual Interest Period June Cash Payment Interest Expense Reduction of Principal Principal Balance $ 5 2021 Dec 31 2021 June 130 Dec 31 2022 June 30 2023 List of Accounts 3