Question: Five thousand bonds with a face value of $2000 each, are sold at 110. The entry to record the issuance is 11000000 O Cash Discount

Five thousand bonds with a face value of $2000 each, are sold at 110. The entry to record the issuance is 11000000 O Cash Discount on Bonds Payable Bonds Payable 1000000 10000000 11000000 O Cash Premium on Bonds Payable Bonds Payable 1000000 10000000 O Cash Premium on Bonds Payable Bonds Payable 10000000 1000000 11000000 11000000 O Cash Bonds Payable 11000000

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