On December 31, 2017, Clark Sales has 10-year Bonds Payable of $89,000 and Discount on Bonds Payable of $2,350. How will this be shown on the December 31, 2016 Balance Sheet?

A) Bonds Payable $89,000 less Discount on Bonds Payable $2,350 for a carrying amount of $86,650
B) Bonds Payable $89,000 plus Discount on Bonds Payable for a carrying amount of $91,350
C) Bonds Payable $89,000
D) Bonds Payable $89,000 less one-tenth of $2,350 for a carrying amount of $88,765


A .Bonds Payable $89,000
Less: Discount on Bonds Payable 2,350
Bond Carrying Amount $86,650

Business

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Vegan Company reported the following: Common stock, $5 par, 200,000 shares authorized, 50,000 shares issued and outstanding What is the effect of issuing 2,000 shares of common stock in exchange for land with valued by a realtor at $36,000 if the common stock sells for $12 per share and is regularly traded?

a. The Land account increases by $24,000. b. Retained Earnings decreases by $10,000. c. Common Stock increases by $36,000. d. Additional Paid-in Capital - Common increases by $24,000.

Business

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A) A single word can make a difference in how study participants respond to a question. B) As little as a one word in a question can result in question bias that will distort the findings of the survey. C) Words that we use commonly in speaking to one another sometimes encourage biased answers when they appear on a questionnaire. D) Any is not listed in the Ten Words to Avoid in Question Development. E) Changing the word the in "Did you see the broken headlight?" to a can make a difference in how people respond to the question.

Business

According to the Help Desk Institute, about ____ percent of its members have SLAs with some or all of their customers.

A. 25 B. 33 C. 50 D. 81

Business

The advantage to the service organization of having membership relationships is that it knows who its future customers are and, usually, what they think of the services offered

Indicate whether the statement is true or false

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