When the market rate is 10%, a company issues $60,000 of 12%, 10-year bonds dated january 1, 2017, that mature on december 31, 2026, and pay interest semiannually. when the bonds mature, the issuer records its payment of principal with a (debit/credit) to cash in the amount of $ .

Read the following paragraph, and choose the best revision for one of its sentences.dr. blake is retiring at the end of the month. there will be an unoccupied office upon his departure, and it is big in size. because every other office is occupied, we should convert dr. blake’s office into a lounge. it is absolutely essential that this issue is discussed at the next staff meeting. (a) because every other office is occupied, it’s recommended that we should convert dr. blake’s office into a lounge. (b) because every other office is filled, we should convert dr. blake’s office into a lounge.