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> Question 5 3 pts Bondholders are creditors of the issuing corporation. True False Question 6 3 pts If the market rate of interest is

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> Question 5 3 pts Bondholders are creditors of the issuing corporation. True False Question 6 3 pts If the market rate of interest is 8% and a corporation's bonds bear interest at 7%, the bonds will sell at a premium True False D Question 7 4 pts Which of the following is the appropriate general journal entry to record the declaration of cash dividends? Please provide the select and Select accounts. D Question 8 3 pts When the market rate of interest on bonds is higher than the contract rate, the bonds will sell at face value discount premium maturity value D Question 10 3 pts Which of the following would not be classified as an operating activity? Income tax Interest expense selling expenses payment of dividends

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