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On November 1, 2019. Mom's Burgers signed a $400.000. 6. Six-month note payable with the amount borrowed plus accrued interest due six months later on May 1, 2020. Mom's Burgers should record which of the following adjusting entries at December 31, 2019? Interest Expense $4.000 Interest Payable $4.000 interest Expense $2.000 Interest Payable 52.000 OA interest Expense 54.000 Cash $4.000 54.000 Interest Payable Cash 54,000 Steve Ang points On November 1, 2019. Bob's Burgers signed a $300.000,6%, six-month note payable with the amount borrowed plus accrued interest due six months later on May 1, 2020. The appropriate adjusting entry was recorded on Dec 31. on May 1, 2020 while recording the journal entry for the repayment Bob's Burgers will have the following for interest payable and interest expenser Note Payable 5300.000 Interest Expense $6,000 O A Interest Payable $3.000 Cash $309.000 $3.000 5303 000 Note Payable $300,000 Interest Expense 55.000 OB Interest Payable Cash Note Payable $300,000 Interest Expense 57.500 Interest Payable 51500 Cash Note Payable $300.000 Interest Expense 59.000 OD Cash 5309,000 5309,000 What is the current ratio for a company with the following information: Account Amount Cash $70,000 Accounts receivable $82,000 Inventory $115,000 Buildings $65,000 Accounts payable $71,000 Current portion of long-term debt $27,000 Long-term debt $140,000 3.39 . O B.2.72 O C 3.76 D. 7.39 Question 21 Given the following information, which bond(s) will issue at a premium? Bond A Bond B Bond C Bond D 9% 89 8% Stated Rate of Return Market Rate of Return . Bond A 10% 11% 8% 896 996 Bond B . . Bond C and Bond D None of the above D. A Moving to another question will save this response

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