The journal entry to record $200,000 of bonds that were issued at 106 would be? to:

A.

debit? Cash,

$212,000?;

credit Bonds? payable,

$212,000.

B.

debit? Cash,

$200,000?;

credit Bonds? payable,$200,000.

C.

debit? Cash,

$200,000?;

debit Discount on bonds? payable, $12,000?;

credit Bonds? payable, $212,000.

D.

debit? Cash, $212,000?;

credit Bonds? payable$200,000?;

credit Premium on bonds? payabl$12,000.

1) Sonny's Sails has declared a $48,000 cash dividend to shareholders. The company has 4,000shares of $18??par, 66?% preferred stock and 11,000 shares of

$16?par common stock. The preferred stock is non?cumulative. How much will be distributed to the preferred and common stockholders on the date of? payment?

A.

$4,320

?preferred,

$43,680

common

B.

?$0 preferred,

$48,000

common

C.

$48,000

?preferred, $0 common

D.

$43,680

?preferred,

$4,320

Common