Question: choosing one between the terms in parenthesis (.../.../...). 1. Most car and apartment rental agreements are examples of (finance/account/operating/losing) leases. 2. Bonds Payable: Carrying value

choosing one between the terms in parenthesis (.../.../...). 1. Most car

choosing one between the terms in parenthesis (.../.../...).

1. Most car and apartment rental agreements are examples of (finance/account/operating/losing) leases. 2. Bonds Payable: Carrying value (also referred to as Book Value) means the balance of the Bonds Payable account (minus/plus) any unauthorized discount. 3. The journal entry to record the payment of a long- term installment note payable includes a Debit to (Cash/Accounts Payable/Interest Expense/, Accrued Interest Expense) 4. When the contract interest rate and the market rate are the same, the price of a Bond is Par Value. Otherwise, the price of a bond is (indirectly/directly) related to the direction {higher,lower} of the contract interest rate compared to the market interest rate

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