The balance theory perspective involves relations among three elements (a triad). Which of the following is one of the elements of the triad?

Craddock Company issued 6%, 10-year bonds with a face amount of $1,000,000 for $1,020,000. The bonds pay interest semi-annually on June 30 and December 31 of each year. The semi-annual straight-line amortization of the premium on bonds payable will

A. increase interest expense by $20,000 B. not impact interest expense or the carrying value of the bond C. decrease interest expense by $1,000 D. decrease interest expense by $1,000

The person or entity to receive the trust corpus on the termination of the trust is called the remainder beneficiary

Indicate whether the statement is true or false