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Question : 111. Selling the bonds at a premium has the effect of : 1251404

Accounting

 

111. Selling the bonds at a premium has the effect of  
A. raising the effective interest rate above the stated interest rate.
B. attracting investors that are willing to pay a lower rate of interest than on similar bonds.
C. causing the total cost of borrowing to be higher than the bond interest paid.
D. causing the total cost of borrowing to be lower than the bond interest paid.

112. Bonds with a face amount $1,000,000, are sold at 106. The entry to record the issuance is 
A. Cash                                                          1,000,000
Premium on Bonds Payable                             60,000
       Bonds Payable                                  1,060,000
B. Cash                                                          1,060,000
       Premium on Bonds Payable                                      60,000
       Bonds Payable                              1,000,000
C. Cash                                                          1,060,000
       Discount on Bonds Payable                                       60,000
       Bonds Payable                  1,000,000
D. Cash                                                          1,060,000
       Bonds Payable                    1,060,000

113. Bonds with a face amount $1,000,000, are sold at 98. The entry to record the issuance is 
A. Cash                                                 1,000,000
Premium on Bonds Payable            20,000
       Bonds Payable                                   980,000
B. Cash                   980,000
Premium on Bonds Payable       20,000
       Bonds Payable              1,000,000
C. Cash            980,000
Discount on Bonds Payable           20,000
       Bonds Payable                  1,000,000
D. Cash           980,000
       Bonds Payable                 980,000

114. Sinking Fund Cash would be classified on the balance sheet as  
A. a current asset
B. a fixed asset
C. an intangible asset
D. an investment

115. Sinking Fund Investments would be classified on the balance sheet as  
A. a current asset
B. a fixed asset
C. an investment
D. a deferred debit

116. The cash and securities comprising a sinking fund established to redeem bonds at maturity in 2015 should be classified on the balance sheet as  
A. fixed assets
B. current assets
C. intangible assets
D. investments

117. The bond indenture may provide that funds for the payment of bonds at maturity be accumulated over the life of the issue.  The amounts set aside are kept separate from other assets in a special fund called a(n)  
A. enterprise fund
B. sinking fund
C. special assessments fund
D. general fund

118. Sinking Fund Income is reported in the income statement as  
A. income from operations
B. extraordinary
C. gain on sinking fund transactions
D. other income

119. If bonds payable are not callable, the issuing corporation  
A. cannot repurchase them before maturity
B. can repurchase them in the open market
C. must get special permission from the SEC to repurchase them
D. is more likely to repurchase them if the interest rates increase

120. When callable bonds are redeemed below carrying value  
A. Gain on Redemption of Bonds is credited
B. Loss on Redemption of Bonds is debited
C. Retained Earnings is credited
D. Retained Earnings is debited

 

 

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July 1, 2023
    

Consider revisiting the tutorial Supporting an Argumentative Thesis. Just like in previous Touchstones, your stance needs to be stated in a thesis statement and your evidence in body paragraphs should work to support your claim. For help citing evidence in body paragraphs, revisit the tutorial Source and Quotation Formatting in APA to learn how to quote and paraphrase sources using APA style.

ASSIGNMENT: Write a 4-6 page (approximately 1000-1500 words) argumentative essay arguing one side or stance of an academically appropriate debate using the classical model supported by evidence and research. If the writing exceeds the 1500 word maximum, it will be returned back for revision.

Sample Argumentative Essay

In order to foster learning and growth, all work you submit must be newly written specifically for this course. Any plagiarized or recycled work will result in a Plagiarism Detected alert. Review Touchstones: Academic Integrity Guidelines for more about plagiarism and the Plagiarism Detected alert. For guidance on the use of generative AI technology, review Ethical Standards and Appropriate Use of AI.

CopyLeaks Originality Checker: All writing will be checked for originality. Ensure that all references are credible and include page and paragraph numbers if the source is longer than four pages. If a source cannot be accessed by a grader, you might need to provide digital proof that you possess the source (for example, a photo of the print book). Text from any third party source is prohibited, including internet or chatbot searches, without proper APA-style citations. Focus on developing your own ideas and use evidence sparingly to support your own original claims, following the classical model of argumentation.

A. Directions

Step 1. Choose a Topic

Today, there are many different debates being had all around the world about topics that affect our personal, professional, civic, and/or academic lives. Some of these debates have been such hot topics for so long that it has become very difficult to add to the conversation with new and original ideas or stances to take. To move beyond this trend, we have created a list of topics that may not be written about for this Touchstone. This includes example topics that are used in Unit 4. Feel free to access a tutor if you would like support choosing a topic for this essay.

Please AVOID choosing any of the following topics:

    •    Abortion Rights

    •    Animal Testing (Unit 4 example)

    •    Climate Change (Unit 4 example)

    •    Belief in God(s) or Afterlife(s)

    •    Death Penalty / Capital Punishment

    •    Euthanasia / Assisted Suicide

    •    Fad Diets (e.g., Keto, etc.)

    •    Funding/Defunding Law Enforcement

    •    Immigration

    •    Legal Alcohol/Tobacco Age

    •    Legalization of Marijuana

    •    Legalization of Sex Work

    •    Paying Student Athletes

    •    Second Amendment Rights (i.e., Gun Control)

    •    Social Media’s Impact on Mental Health

    •    Universal Healthcare

    •    Vaccines

Choosing to write about any of the above topics will result in a non-passing score.

Step 2. Write an Argumentative Essay

Remember the word “argument” does not mean a fight in a writing context. An academic argument is more like a thoughtful conversation between two people with differing viewpoints on a debatable issue. However, you are required to take a position on one side of a debatable issue that is informed by academically appropriate evidence.

For the purposes of this assignment, expressing or relying on your personal opinion of a debate is discouraged. Rather, the essay must argue one side or stance of the debate using the rhetorical appeals (logos, ethos, and pathos) and be supported by academic or scholarly sources. These include physical sources in public libraries, digital sources in academic libraries, online sources (excludes unreliable sources like procon.org and wikipedia.org, which are discouraged), and published expert reports, preferably peer-reviewed by experts in the field to maintain utmost credibility. Consider revisiting the tutorial Finding Sources for more information on appropriate sources for argumentative writing.

Your submission must include an APA style in-text citations and a reference page following the essay. In your research, you will need at least 2 and no more than 4 credible primary or secondary sources to use as support in your essay.

    •    All sources cited in the writing submitted must be locatable by a grader; include hyperlinks to the sources in the reference page.

    •    The use of any source that requires payment for access is strictly prohibited for this assignment.

    •    Avoid using sources that exceed 20 pages in length, as they may be overly extensive for the purposes of this assignment.

    •    Including more than four sources may cause delays, and you might be asked to provide additional evidence of the credibility for each source.

The following resources will be helpful to you as you work on this assignment:

    1    Purdue Online Writing Lab's APA Formatting and Style Guide

    1    This site includes a comprehensive overview of APA style, as well as individual pages with guidelines for specific citation types.

    2    Frequently Asked Questions About APA Style

    1    This page on the official APA website addresses common questions related to APA formatting. The "References," "Punctuation," and "Grammar and Writing Style" sections will be the most useful to your work in this course.

    3    APA Style: Quick Answers—References

    1    This page on the official APA Style website provides numerous examples of reference list formatting for various source types.

Step 3. Think About Your Writing

On a separate page, below your reference page, include thoughtful answers to the Think About Your Writing questions. References and Think About Your Writing questions are NOT included in the word count for this essay.

Below your reference page, include answers to all of the following reflection questions.

    1    What have you learned about how to present a strong argument? How could/will you apply this knowledge in your professional or everyday life (3-4 sentences)? Sophia says: Think about the specific skills and techniques that you used while developing and writing your essay. What tools will you take with you from this experience?

    2    Consider the English Composition I course as a whole. What have you learned about yourself as a writer (5-6 sentences)? Sophia says: What did you learn that surprised you? Is there anything that you have struggled with in the past that you now feel more confident about?

default image
July 1, 2023
    

Consider revisiting the tutorial Supporting an Argumentative Thesis. Just like in previous Touchstones, your stance needs to be stated in a thesis statement and your evidence in body paragraphs should work to support your claim. For help citing evidence in body paragraphs, revisit the tutorial Source and Quotation Formatting in APA to learn how to quote and paraphrase sources using APA style.

ASSIGNMENT: Write a 4-6 page (approximately 1000-1500 words) argumentative essay arguing one side or stance of an academically appropriate debate using the classical model supported by evidence and research. If the writing exceeds the 1500 word maximum, it will be returned back for revision.

Sample Argumentative Essay

In order to foster learning and growth, all work you submit must be newly written specifically for this course. Any plagiarized or recycled work will result in a Plagiarism Detected alert. Review Touchstones: Academic Integrity Guidelines for more about plagiarism and the Plagiarism Detected alert. For guidance on the use of generative AI technology, review Ethical Standards and Appropriate Use of AI.

CopyLeaks Originality Checker: All writing will be checked for originality. Ensure that all references are credible and include page and paragraph numbers if the source is longer than four pages. If a source cannot be accessed by a grader, you might need to provide digital proof that you possess the source (for example, a photo of the print book). Text from any third party source is prohibited, including internet or chatbot searches, without proper APA-style citations. Focus on developing your own ideas and use evidence sparingly to support your own original claims, following the classical model of argumentation.

A. Directions

Step 1. Choose a Topic

Today, there are many different debates being had all around the world about topics that affect our personal, professional, civic, and/or academic lives. Some of these debates have been such hot topics for so long that it has become very difficult to add to the conversation with new and original ideas or stances to take. To move beyond this trend, we have created a list of topics that may not be written about for this Touchstone. This includes example topics that are used in Unit 4. Feel free to access a tutor if you would like support choosing a topic for this essay.

Please AVOID choosing any of the following topics:

    •    Abortion Rights

    •    Animal Testing (Unit 4 example)

    •    Climate Change (Unit 4 example)

    •    Belief in God(s) or Afterlife(s)

    •    Death Penalty / Capital Punishment

    •    Euthanasia / Assisted Suicide

    •    Fad Diets (e.g., Keto, etc.)

    •    Funding/Defunding Law Enforcement

    •    Immigration

    •    Legal Alcohol/Tobacco Age

    •    Legalization of Marijuana

    •    Legalization of Sex Work

    •    Paying Student Athletes

    •    Second Amendment Rights (i.e., Gun Control)

    •    Social Media’s Impact on Mental Health

    •    Universal Healthcare

    •    Vaccines

Choosing to write about any of the above topics will result in a non-passing score.

Step 2. Write an Argumentative Essay

Remember the word “argument” does not mean a fight in a writing context. An academic argument is more like a thoughtful conversation between two people with differing viewpoints on a debatable issue. However, you are required to take a position on one side of a debatable issue that is informed by academically appropriate evidence.

For the purposes of this assignment, expressing or relying on your personal opinion of a debate is discouraged. Rather, the essay must argue one side or stance of the debate using the rhetorical appeals (logos, ethos, and pathos) and be supported by academic or scholarly sources. These include physical sources in public libraries, digital sources in academic libraries, online sources (excludes unreliable sources like procon.org and wikipedia.org, which are discouraged), and published expert reports, preferably peer-reviewed by experts in the field to maintain utmost credibility. Consider revisiting the tutorial Finding Sources for more information on appropriate sources for argumentative writing.

Your submission must include an APA style in-text citations and a reference page following the essay. In your research, you will need at least 2 and no more than 4 credible primary or secondary sources to use as support in your essay.

    •    All sources cited in the writing submitted must be locatable by a grader; include hyperlinks to the sources in the reference page.

    •    The use of any source that requires payment for access is strictly prohibited for this assignment.

    •    Avoid using sources that exceed 20 pages in length, as they may be overly extensive for the purposes of this assignment.

    •    Including more than four sources may cause delays, and you might be asked to provide additional evidence of the credibility for each source.

The following resources will be helpful to you as you work on this assignment:

    1    Purdue Online Writing Lab's APA Formatting and Style Guide

    1    This site includes a comprehensive overview of APA style, as well as individual pages with guidelines for specific citation types.

    2    Frequently Asked Questions About APA Style

    1    This page on the official APA website addresses common questions related to APA formatting. The "References," "Punctuation," and "Grammar and Writing Style" sections will be the most useful to your work in this course.

    3    APA Style: Quick Answers—References

    1    This page on the official APA Style website provides numerous examples of reference list formatting for various source types.

Step 3. Think About Your Writing

On a separate page, below your reference page, include thoughtful answers to the Think About Your Writing questions. References and Think About Your Writing questions are NOT included in the word count for this essay.

Below your reference page, include answers to all of the following reflection questions.

    1    What have you learned about how to present a strong argument? How could/will you apply this knowledge in your professional or everyday life (3-4 sentences)? Sophia says: Think about the specific skills and techniques that you used while developing and writing your essay. What tools will you take with you from this experience?

    2    Consider the English Composition I course as a whole. What have you learned about yourself as a writer (5-6 sentences)? Sophia says: What did you learn that surprised you? Is there anything that you have struggled with in the past that you now feel more confident about?

default image
July 1, 2023
    

Consider revisiting the tutorial Supporting an Argumentative Thesis. Just like in previous Touchstones, your stance needs to be stated in a thesis statement and your evidence in body paragraphs should work to support your claim. For help citing evidence in body paragraphs, revisit the tutorial Source and Quotation Formatting in APA to learn how to quote and paraphrase sources using APA style.

ASSIGNMENT: Write a 4-6 page (approximately 1000-1500 words) argumentative essay arguing one side or stance of an academically appropriate debate using the classical model supported by evidence and research. If the writing exceeds the 1500 word maximum, it will be returned back for revision.

Sample Argumentative Essay

In order to foster learning and growth, all work you submit must be newly written specifically for this course. Any plagiarized or recycled work will result in a Plagiarism Detected alert. Review Touchstones: Academic Integrity Guidelines for more about plagiarism and the Plagiarism Detected alert. For guidance on the use of generative AI technology, review Ethical Standards and Appropriate Use of AI.

CopyLeaks Originality Checker: All writing will be checked for originality. Ensure that all references are credible and include page and paragraph numbers if the source is longer than four pages. If a source cannot be accessed by a grader, you might need to provide digital proof that you possess the source (for example, a photo of the print book). Text from any third party source is prohibited, including internet or chatbot searches, without proper APA-style citations. Focus on developing your own ideas and use evidence sparingly to support your own original claims, following the classical model of argumentation.

A. Directions

Step 1. Choose a Topic

Today, there are many different debates being had all around the world about topics that affect our personal, professional, civic, and/or academic lives. Some of these debates have been such hot topics for so long that it has become very difficult to add to the conversation with new and original ideas or stances to take. To move beyond this trend, we have created a list of topics that may not be written about for this Touchstone. This includes example topics that are used in Unit 4. Feel free to access a tutor if you would like support choosing a topic for this essay.

Please AVOID choosing any of the following topics:

    •    Abortion Rights

    •    Animal Testing (Unit 4 example)

    •    Climate Change (Unit 4 example)

    •    Belief in God(s) or Afterlife(s)

    •    Death Penalty / Capital Punishment

    •    Euthanasia / Assisted Suicide

    •    Fad Diets (e.g., Keto, etc.)

    •    Funding/Defunding Law Enforcement

    •    Immigration

    •    Legal Alcohol/Tobacco Age

    •    Legalization of Marijuana

    •    Legalization of Sex Work

    •    Paying Student Athletes

    •    Second Amendment Rights (i.e., Gun Control)

    •    Social Media’s Impact on Mental Health

    •    Universal Healthcare

    •    Vaccines

Choosing to write about any of the above topics will result in a non-passing score.

Step 2. Write an Argumentative Essay

Remember the word “argument” does not mean a fight in a writing context. An academic argument is more like a thoughtful conversation between two people with differing viewpoints on a debatable issue. However, you are required to take a position on one side of a debatable issue that is informed by academically appropriate evidence.

For the purposes of this assignment, expressing or relying on your personal opinion of a debate is discouraged. Rather, the essay must argue one side or stance of the debate using the rhetorical appeals (logos, ethos, and pathos) and be supported by academic or scholarly sources. These include physical sources in public libraries, digital sources in academic libraries, online sources (excludes unreliable sources like procon.org and wikipedia.org, which are discouraged), and published expert reports, preferably peer-reviewed by experts in the field to maintain utmost credibility. Consider revisiting the tutorial Finding Sources for more information on appropriate sources for argumentative writing.

Your submission must include an APA style in-text citations and a reference page following the essay. In your research, you will need at least 2 and no more than 4 credible primary or secondary sources to use as support in your essay.

    •    All sources cited in the writing submitted must be locatable by a grader; include hyperlinks to the sources in the reference page.

    •    The use of any source that requires payment for access is strictly prohibited for this assignment.

    •    Avoid using sources that exceed 20 pages in length, as they may be overly extensive for the purposes of this assignment.

    •    Including more than four sources may cause delays, and you might be asked to provide additional evidence of the credibility for each source.

The following resources will be helpful to you as you work on this assignment:

    1    Purdue Online Writing Lab's APA Formatting and Style Guide

    1    This site includes a comprehensive overview of APA style, as well as individual pages with guidelines for specific citation types.

    2    Frequently Asked Questions About APA Style

    1    This page on the official APA website addresses common questions related to APA formatting. The "References," "Punctuation," and "Grammar and Writing Style" sections will be the most useful to your work in this course.

    3    APA Style: Quick Answers—References

    1    This page on the official APA Style website provides numerous examples of reference list formatting for various source types.

Step 3. Think About Your Writing

On a separate page, below your reference page, include thoughtful answers to the Think About Your Writing questions. References and Think About Your Writing questions are NOT included in the word count for this essay.

Below your reference page, include answers to all of the following reflection questions.

    1    What have you learned about how to present a strong argument? How could/will you apply this knowledge in your professional or everyday life (3-4 sentences)? Sophia says: Think about the specific skills and techniques that you used while developing and writing your essay. What tools will you take with you from this experience?

    2    Consider the English Composition I course as a whole. What have you learned about yourself as a writer (5-6 sentences)? Sophia says: What did you learn that surprised you? Is there anything that you have struggled with in the past that you now feel more confident about?

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We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

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Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

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Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

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Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

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Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

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