Westonci.ca offers fast, accurate answers to your questions. Join our community and get the insights you need now. Connect with a community of experts ready to help you find solutions to your questions quickly and accurately. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

I’m stuck on these thank you!

3. The carrying amount equals Bonds Payable minus the discount amount or

A. Minus the per amount
B. Plus half the discount amount
C. Plus the premium amount
D. Minus the premium amount

4. The Premium on Bonds Payable account is added to the Bonds Payable account, so it’s called a/an ___ account

A. Premium
B. Aspect
C. Contra
D. Adjunct

11. At the end of a/an ___ lease, the lessee will return the asset to the lessor.

A. Incomplete
B. Capital
C. Operating
D. Transferring

19. Interest and dividends earned during the period are reported on the income statement for which marketable securities ?

A. Available-for-sale securities B. Held-to -maturity securities C. Trading securities
D. All types of securities