PLEASE ANSWER ALL THE QUESTIONS!!!

1. In term bonds, interest payments are made at the end of each period and the face value is not repaid until the end of the term of the bonds.

Group of answer choices

False

True

2. The journal entry to record depletion is a debit to Depletion Expense and a credit to Accumulated Depletion.

Group of answer choices

True

False

3. An annuity due is one where payments are made at the end of the period.

Group of answer choices

True

False

4. Interest is the charge for the use of money over time.

Group of answer choices

False

True