Question: If ABC Company issues its $ 5 , 0 0 0 , 0 0 0 , 8 % bonds payable at a premium and records
If ABC Company issues its $ bonds payable at a premium and records Bonds Premium, then the BlankCheck all that apply.
Multiple select question.
market rate of interest must be less than the stated rate of interest
debit to Cash is greater than the credit to Bonds Payable
maturity value is greater than the present value of the interest and principal payments
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