Question: On March 1, 2018, Everson Se ces issued a 4% long-term notes payable for $16,000 lt is payable over a 4-year term n $4,000 annual

On March 1, 2018, Everson Se ces issued a 4% long-term notes payable for $16,000 lt is payable over a 4-year term n

On March 1, 2018, Everson Se ces issued a 4% long-term notes payable for $16,000 lt is payable over a 4-year term n $4,000 annual principal payments on March 1 of each year plus interest, beginning March 1 2019. Each yearly installment will include both principal repayment of $4,000 and interest payment for the preceding one-year period. On March 1, 2019, The accounting period ends on December 31. OA. Everson must accrue the next note payment of $4,000 as the current portion of principal payment 0 B. Everson will receive S4.000 as an installment payment OC. Everson must pay $640 of interest to the note holder O D. Everson must accrue $4,000 of Interest Expense Wilson Glassware Company issues $1,00 1,000 of 10%, 10-year bonds at 93 on February 28, 2019. The bond pays interest on February 28 and August 31. On August 31, 2019, how much cash did Wilson pay to the bondholders? OA. $48,799 B. S50050 O c. $100,100 D. $51,301

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