On december 1, campbell co. borrowed $10,000 cash from second bank by signing a 90-day, 6% interest-bearing note. on december 31, campbell accrued interest expense of $50. campbell does not use reversing entries. on march 1, the due date of the note, campbell will record the payment with debit entries to which of the following accounts?

Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.