Data related to a bond issued by Roxon enterprises is given below : 

Interest expense on bond                                    $800000
Increase in interest payable on bond                 $8000
Decrease in discount on bond                             $2,000
Cash paid for interest on bond is:
a). $790,000
b). $806,000
c).  $784000
d).  $910000 

Answer rating: 100% (QA)

Option a 790000 is correct Expla... View the full answer