Question: Bond Corporation issues 5,000,000, 10-year, 8%, bonds dated January 1, 2017, at 103. The journal entry to record the issuance will show a O a.

Bond Corporation issues 5,000,000, 10-year, 8%, bonds dated January 1, 2017,

Bond Corporation issues 5,000,000, 10-year, 8%, bonds dated January 1, 2017, at 103. The journal entry to record the issuance will show a O a. debit to Cash of $5,000,000. O'b. credit to Premium on Bonds Payable for $150,000. O c. credit to Bonds Payable for $5,030,000. O d. credit to Cash for $5,150,000

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