A company recorded the issuance of its bonds with a debit to Cash for $107,260 a credit

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A company recorded the issuance of its bonds with a debit to Cash for $107,260 a credit to Bonds Payable for $100,000, and a ______ on Bonds Payable for $7,260.

A. debit to Premium

B. debit to Discount

C. credit to Premium

D. credit to Discount

Related Book For answer-question

Precalculus

ISBN: 978-0321716835

9th edition

Authors: Michael Sullivan

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Posted Date: Dec 10, 2023 02:05 AM

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A company recorded the issuance of its bonds with a debit to Cash for $107,260 a credit

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Precalculus

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