Which of the following is true of both paying with a check and paying with a debit card? a) both are accepted by most people and most businesses. b) both work like a loan from your bank that you can pay back later. c) when used, both take money directly out of a bank account. d) a personal identification number must be anytime checks or debit cards are used. isn't it c?

On january 1, year 1, purl corp. purchased as a long-term investment $500,000 face amount of shaw, inc.’s 8% bonds for $456,200. the bonds were purchased to yield 10% interest. the bonds mature on january 1, year 6, and pay interest annually on january 1. purl uses the effective interest method of amortization. what amount (rounded to nearest $100) should purl report on its december 31, year 2, balance sheet for these held-to-maturity bonds?