Question 19 (1 point) Preferred shares are often issued instead of debt to increase the market value of the shares. because a corporation's debt-to-equity ratio has become too high. to avoid paying dividends to the common shareholders. to decrease the market value of the shares. Question 20 (1 point) At December 31, 2020, Nixel Corp.'s records show the following balances, all of normal: GST Payable, S 500; GST Receivable, S 345. In January 2021, Nixel pa ment the net amount owing regarding GST owing from Decembe Gov w Ucrease the market value of the shares. Question 20 (1 point) At December 31, 2020, Nixel Corp.'s records show the following balances, all of which are normal: GST Payable, S 500; GST Receivable, S 345. In January 2021, Nixel pays the Federal Government the net amount owing regarding GST owing from December. The journal entry to record this payment will include a debit to GST Payable of $ 155. credit to Cash of S 500. credit to GST Receivable of S 345. credit to GST Payable of S 500. age IS UI 14 Question 21 (1 point) On November 1, 2020, Emerald Ltd. borrowed $ 200,000 from their bank, by signing a six-month, 6% interest-bearing note. Assuming Ruby has a December 31 year end and does NOT use reversing entries, the journal entry to record payment of this note on May 1, 2021 will include a credit to Note Payable of $ 200,000 debit to Interest Payable of $ 8,000 debit to Interest Payable of $ 2,000 debit to Interest Expense of $ 6,000 Question 22 (1 point) When the interest payment dates of a bond are May 1 and November 1, and a bond issue is sold on June the amount of cash received by the issuer will be