简答题\n Xinye Company is planning to issue 1,020,000 B、900,000 D、$1,002,000\n简答题\n When a company sells bonds between interest dates they will pay which of the following at the first interest payment date? A、An amount less than the stated interest rate times the principal. B、An amount more than the stated interest rate times the principal. C、An amount equal to the stated interest rate times the principal. D、The company may skip the first interest payment date since the appropriate time has not passed.\n简答题\n Tea Mill issues ￥1,000,000 face value, 6%, 5-year bonds payable on December 31, 2018. Interest is paid semiannually each June 30 and December 31. The bonds sell at a price of 97; Tea Mill uses the straight-line method of amortizing bond discount or premium. Tea Mill's entry at June 30, 2018, to record the first semiannual payment of interest and amortization of discount on the bonds includes a ____ A、debit to Bond Interest Expense of ￥30,000. B、credit to Cash of ￥33,000. C、debit to Discount on Bonds Payable of ￥3,000. D、debit to Bond Interest Expense of ￥33,000.\n简答题\n Bonds will sell for a premium when the market rate of interest exceeds their stated rate. \n简答题\n Amortization of discount on bonds payable results in interest expense that is less than the actual cash outflow.\n简答题\n Jieda Co. issued 10 000 000 yuan of 15%, 10-year bonds at a price of 96%. On the same date Lide Co. issued 10 000 000 yuan of 12%, 10-year bonds at 100%. These facts indicate that ____ A、the total cost of borrowing over the 10-year life of the bond issue will be the same for both corporations. B、the annual interest expense incurred by Jieda Co. will be equal to annual cash payments to bondholders. C、Lide Co. appears to be a stronger company financially than Jieda Co. D、the Jieda Co. bonds are convertible into common stock.\n简答题\n The amortization of a bond discount ____ A、decreases the carrying value of a bond and increases interest expense. B、decreases the carrying value of a bond and decreases interest expense. C、increases the carrying value of a bond and increases interest expense. D、increases the carrying value of a bond and decreases interest expense.\n简答题\n If bonds are issued between interest dates, the entry on the books of the issuing corporation could include a ____ A、debit to Interest Payable. B、credit to Interest Receivable. C、credit to Interest Payable. D、credit to Interest Expense.\n简答题\n The amortization of a bond premium ____ A、decreases the carrying value of a bond and increases interest expense. B、decreases the carrying value of a bond and decreases interest expense. C、increases the carrying value of a bond and increases interest expense. D、increases the carrying value of a bond and decreases interest expense.\n简答题\n Amortization of a premium increases bond interest expense, while amortization of a discount decreases bond interest expense.\n简答题\n If a bond is issued at par and between interest dates, ____ A、the cash received by the corporation will be less than the face value of the bond. B、the cash received by the corporation will be greater than the face value of the bond. C、the cash received by the corporation will be the same as the face value of the bond. D、interest receivable will be debited.\n简答题\n When bonds are issued at a discount, the borrower must pay more at maturity than the amount originally received. \n简答题\n Tea Mill issues ￥1,000,000 face value, 6%, 5-year bonds payable on December 31, 2018. Interest is paid semiannually each June 30 and December 31. The bonds sell at a price of 97; Tea Mill uses the straight-line method of amortizing bond discount or premium. The entry made by Tea Mill to record issuance of the bonds payable at December 31, 2018, includes ____ A、a debit to Cash of ￥1,000,000. B、a debit to Discount on Bonds Payable of ￥30,000. C、a credit to Bonds Payable of ￥970,000. D、a credit to Bond Interest Payable of ￥30,000.\n简答题\n On January 31, 2013, Guangli Company issued ￥600,000 face value, 12% bonds for ￥600,000 cash. The bonds are dated December 31, 2012, and mature on December 31, 2022. Interest will be paid semiannually on June 30 and December 31. What amount of accrued interest payable should Guangli report in its September 30, 2013, balance sheet? A、￥18,000. B、￥36,000. C、￥54,000. D、￥48,000.\n简答题\n The stated rate is the same as the coupon rate.\n简答题\n Companies usually make bond interest payments semiannually, although the interest rate is generally expressed as an annual rate.\n简答题\n A price of 99 means the bond is sold at a discount.\n简答题\n The account Discount on Bonds Payable actually represents interest expense and will be amortized over the life of the bond.\n简答题\n When bonds are sold by one investor to another, they sell at market price plus accrued interest since the last payment date. \n简答题\n If the market rate is greater than the coupon rate, bonds will be sold at a premium.\n