The following items are found in the financial statements. Indicate how each of these items should be classified in the financial statements. Classification (a)Discount on bonds payable (b)Interest expense (credit balance) (c)Unamortized bond issue costs (d)Gain on repurchase of debt (e)Mortgage payable (payable in equal amounts over next 3 years) (f)Debenture bonds payable (maturing in 5 years) (g)Notes payable (due in 4 years) (h)Premium on bonds payable (i)Bonds payable (due in 3 years)

The big black bird company (bbc) has a large order for special plastic-lined military uniforms to be used in an urgent military operation. working the normal two shifts of 4040 hours each per week, the bbc production process usually produces 2 comma 6002,600 uniforms per week at a standard cost of $125125 each. 7070 employees work the first shift and 3030 the second. the contract price is $240240 per uniform. because of the urgent need, bbc is authorized to use around-the-clock production six days per week. when each of the two shifts works 7272 hours per week, production increases to 4 comma 2004,200 uniforms per week but at a cost of $160160 each.