Questions 32-35

Remaining Time: 1 hour, 28 minutes, 11 seconds. Question Completion Status: QUESTION 32 On January 1, 2019, the Maui Candy Corporation issued 5500,000 of 5-year 10% bonds at a selling price of 102 The Journal entry to record the issuance of the bonds would include a O A Credit to Premium on Bonds Payable for $10,000 O B. Debit to Cash for $500,000 O Credit to Bonds Payable for $510,000 D. Debit to Discount on Bonds Payable for $10,000 QUESTION 33 What is the process of determining the present value called? A. Compounding B. Accruing interest. C Amortizing D. Discounting Chick Save and Subtro and submit C Sant AR A rs to comes Type here to search Question Completion Status: QUESTION 34 Which of the following is not a common stockholder's right? O A. The right to vote in the election for the board of directors O B. The preemptive right to keep the same percentage ownership when new shares of stock are issued O C. The right to share in dividends OD. The right to participate in management decisions QUESTION 35 On December 1, 2019. Paradise Pizza Corp. borrowed $40,000 from Aloha State Bank by issuing a 3-month 6% promissory note. What amount of interest expense should be accrued on the note by Paradise Pizza in its December 31, 2019 year-end adjusting entry? O A $600 O B.SO O C.$200 O D.5800 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save Alwers Cose Type here to search