Author Question: A form used to request the purchasing department to purchase merchandise or other property is known ... (Read 204 times)

ashley · **on:** Jul 5, 2018

A form used to request the purchasing department to purchase merchandise or other property is known as a purchase order.
a. True
b. False
Indicate whether the statement is true or false

Question 2

On OCTOBER 31, 2011, Bondable, Inc issued 20,000 of 10-year, 6 bonds at 100. The bonds pay interest ANNUALLY on October 31.

On its income statement for the year ended DECEMBER 31, 2011, the year the bonds were issued, Bondable will show Interest expense of ________.
A) 0
B) 200
C) 1,200
D) 120