Question 8 (1 point) Listen A $5,000 (face value) bond with a book value of $4,300 was extinguished (retired) prior to maturity. The dollar amount paid to retire the bonds was $4,700. The entry to record the extinguishment would include: cr. bonds payable $5,000 Odr. bonds payable $4,700 cr. cash $4,300 cr. gain on retirement of $400 Odr. loss on retirement of $400 Question 9 (1 point) Listen A Bank of Canada Bond is dated December 1, 2020 pays interest on May 31 and November 30. This bond was issued (sold) on June 30, 2021, The amount of cash received by the issuer on June 30, 2021 will be: Decreased by accrued interest from December 1 to June 30. Increased by accrued interest from May 31 to June 30. Unaffected by any accrued interest. O Decreased by accrued interest from May 31 to June 30. Question 10 (1 point) > Listen Which one of the following items is a liability or provision? Contributed surplus - bond conversion rights Deposits received from customers for work to be performed Stock dividends declared None of these is a liability or provision Accretion expense