both please

QUESTION 7 If there is a gain on bonds redeemed early, the bonds" carrying value was greater than the redemption price. Oa b. loss is debited to Interest Expense, as a cost of financing c. loss is debited directly to Retained Earnings. bonds' carrying value was less than the redemption price Od QUESTION 8 If the market interest rate is 7%, a $10,000, 6%, 10-year bond, that pays interest annually would sell at an amount equal to face value. O a. greater than face valuc. Ob. OC. that cannot be determined less than face value. Od