Question 2 (10 points) If a $100.000 bond is issued at $108,530, one of the correct entries would be a) Debit Bond Premium 8,530 b) Credit Bond Premium 100,000 c) Credit Bond Premium 8,530 d) Debit Bond Premium 100,000 Question 3 (10 points) Unrealized gains or losses with securities classified as Trading are reported on the Income Statement. a) True b) False Question 4 (10 points) Three-Hand Corp uses the percent of receivables method to estimate uncollectible accounts. Currently, its receivables are $2,500,000 and it believes 1.5% of those receivables will be uncollectible. By what amount would you debit Bad Debt Expense and Credit Allowance for Doubtful Accounts if there is a debit balance of $7,000 in the Allowance for Doubtful Accounts? View hint for Question 4