Which of these is considered sefing the Accounts Receivable and therefore removes it from the balance sheet?:

A$)$ Pledging receivables as collateral for a loan

B$)$ Factoring receivables without recourse

C$)$ Assigning recelvables with recourse

D$)$ Setting the Alowance for Doubtful Accounts equal to all invoices over $60$ days old

Spritz Co$.$ issued $300$ bonds with a face value of $$5,000$ and bond coupon rate of $8\%$ when the market rate of interest was $9\%.$ Recording the issuance of this bond will indude::

A$)$ a debit to Bond Payable.

B$)$ a debit to Bond Discount.

C$)$ a credit to Bond Premium.

D$)$ a credit to Cash.

Which of the following statements is true regarding the double dedining bolance method of depreciation? $$

A$)$ The double declining balance method allows for greater depreciation over the entire life of the asset than does the straight$-$line method.

B$)$ Businesses are more likely to use the double declining balance method to depreciate assets that lose value slowly over time.

c$)$ The double declining balance method calculates higher depreciation expense in the first year of the asset than when using the straight$-$line method.

D$)$ The double declining balance method will allow a business to extend the depreciation life of an asset beyond its useful life.