There are three major court systems in the U.S

Gomez Corporation issues 800, 10-year, 8%, $1,000 bonds dated January 1, 2012, at 96. The journal entry to record the issuance will show a

A. debit to Cash of $800,000 B. credit to Discount on Bonds Payable for $32,000 C. credit to Bonds Payable for $768,000 D. debit to Cash for $768,000

The difference between distribution centers and storage warehouses is that distribution centers are designed to ________

A) have greater capacity B) store goods for longer periods C) perform other functions, such as breaking bulk D) primarily be owned by the manufacturer E) be automated