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Please Answer the questions Question 19 2 pts An unsecured bond is the same as a O debenture bond O zero coupon bond O term

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Question 19 2 pts An unsecured bond is the same as a O debenture bond O zero coupon bond O term bond O bond indenture. DQuestion 20 2 pts If bonds are issued at a premium, the stated interest rate is O higher than the market rate of interest. O lower than the market rate of interest. O too low to attract investors O adjusted to a higher rate of interest DQuestion 21 2 pts A bond indenture is O a contract between the corporation issuing the bonds and the underwriters selling the bonds O the amount due at the maturity date of the bonds O a contract between the corporation issuing the bonds and the bond trustee, who is acting on behailf of the bondholders O the amount for which the corporation can buy back the bonds prior to the maturity date D Question 22 2 pts A corporation issues for cash $2.000,000 of 8%, 15-year bonds, interest payable annually, at a time when the market rate of interest is 7%. The straight-line method is adopted for the amortization of bond discount or premium. Which of the following statements is true? O The carying amount increases from its amount at issuance date to $2.000.000 at maturity O The carying amount decreases from its amount at issuance date to $2.000.000 at maturity O The amount of annual interest paid to bondholders increases over the 15-year life of the bonds O The amount of annual innerest exp decreases as the bonds approach maturity D | Question 23 2 pts Sinking Fund Investments would be classified on the balance sheet as Oa current asset Oa fiwed asset an investment O a deferned debit D Question 24 2 pts The adjusting entry to record the amortization of a discount on bonds payable is O debit Discount on Bonds Payable,credit Interest Expense debit Interest Expense, credit Discount on Bonds Payable O debit interest Expense, credit Cash O debilt Bonds Payable,credit Interest Expense Question 25 2 pts If $1,000,000 of 8% bonds are issued at 103 1/2, the amount of cash received from the sale is o $1,080,000 O $965,000 O $1,000,000 O $1,035,000

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