Question: 6.25 points Save Answer QUESTION 15 Assume that Kitrell Co. issues a ten year $100,000.4% bond to yield 89 for $73.159.67 on January 1, 2019

6.25 points Save Answer QUESTION 15 Assume that Kitrell Co. issues

6.25 points Save Answer QUESTION 15 Assume that Kitrell Co. issues a ten year $100,000.4% bond to yield 89 for $73.159.67 on January 1, 2019 and interest payments are due on December 31st of each year. On December 31, 2019 the company paid the bondholder the annual payment of $4.000. The journal entry to record the first payment on December 31, 2019 will include A. a debit to interest expense of $ 8.000 B. a debit to interest expense of $ 6,000. oC a debit to bond discount of $ 1,852.77 o D. a credit to bond discount $ 1.852.77 E a credit to bond premium of $ 926.39 ho 6.25 points Save Answer QUESTION 16 Jakob co, issued a 50-year $1.000.000 zero coupon bond that is priced to yield 6%. The amount Jakob received when it was issued was A. S 1,000,000.00 B. $ 621.679.48 OC. $ 6,216.79 OD. $ 542.883.60 OE. $54,288.36 6.25 points Save Answer BOTICA

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