Question: Bond Corporation issues 5,000, 10-year, 896, $1,000 bond s dated January 1, 2017, at 103. The journal entry to record the issuance will show a
Bond Corporation issues 5,000, 10-year, 896, $1,000 bond s dated January 1, 2017, at 103. The journal entry to record the issuance will show a credit to Premium on Bonds Payable for $150,000. O credit to Cash for $s,150,000. O credit to Bonds Payable for $5,030,000. O debit to Cash of $5,000,000
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