Question O4 Unearned Rent Revenue is a a revenue account. b. a contra account to Rent Revenue debited when rent is received in advance. d. reported as a current hability. Question 05 A legal document which summarizes the rights and privileges of bondholders as well as the oblim commitments of the issuing company is called a. a bond debenture. b. a term bond. C. a bond indenture. d. trading on the equity. Question 06 When authorizing bonds to be issued, the board of directors does not speciry the a. contractual interest rate. b. total face value of the bonds. c. selling price. d. total number of bonds authorized to be sold. Question 07 The entry to record an installment payment on a long-term note payable is Mortgage Payable Interest Expense Cash a. b. Interest Expense Cash Bonds Payable Cash C. d. Mortgage Payable Cash