Question: Ava, Inc., issued 8 % , bonds, dated January 1 , with a face amount of $ 2 5 1 , 9 0 0 on

Ava, Inc., issued 8%, bonds, dated January 1, with a face amount of
$251,900 on January 1,2023 for an issue price of 92.9 The bonds
mature in 10 years. For bonds of similar risk and maturity the market
yield is 10%. Interest is paid annually on December 31.
When recording the payment of interest on December 31,2023, what is
the amount of the credit to cash?
Ava, Inc., issued 8%, bonds, dated January 1, with a face

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