Question: How do I solve? 1, 2019, First Street Sales issued $30,000 n bonds for S 17,700. These are six-year bonds with a stat d interest

How do I solve? 1, 2019, First Street Sales issued $30,000 nHow do I solve?

1, 2019, First Street Sales issued $30,000 n bonds for S 17,700. These are six-year bonds with a stat d interest rate of 10% tat pay sema ual in eres. Fr. 9teet Sale-uses- ta H-be e-B tedtoi i Discount. Immediately after the issue of the bonds, the ledger balanoos appeared as follows: Bonds Payable 30,000 Discount on Bonds Payable After the first interest payment on June 30, 2019, what is the balance of Discount on Bonds Payable? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar) O A. debit of $13,325 B. credit of $1,025 OC. debit of $12,300 D. debit of $11,275

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