Saying that a set of events is mutually exclusive and collectively exhaustive implies that one and only one of the events can occur on any trial

Indicate whether the statement is true or false

TRUE

Business

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The Amazing Widget Company issues $539,000 of 7%, 10-year bonds at 104 on March 31, 2017

The bonds pay interest on March 31 and September 30. Assume that the company uses the straight-line method for amortization. The journal entry to record the issuance includes a ________. A) debit to Cash for $539,000 B) credit to Bonds Payable for $560,560 C) debit to Premium on Bonds Payable for $21,560 D) debit to Cash for $560,560

Business

A scatter plot wherein the dots form an ellipse can be described as a positive relationship.

a. true b. false

Business