On June 30, 2011, Xanadu Corporation issued $200,000 of 10-year, 8% bonds at 99. The bonds pay interest semi-annually on June 30 and December 31. How much cash will bondholders receive on December 31, 2011, the first interest payment date?

The expense account "rent expense" is increased with a _____

a. Debit b. Credit c. Both debit and credit d. Neither debit nor credit

The marketing department within an organization relies entirely upon internal resources to develop the information needed to make marketing decisions

Indicate whether the statement is true or false