Question: Multiple Choice Question 161 Ayayai Corp. issues 6300, 10-year, 8%, $1000 bonds dated January 1, 2020, at 97. The journal entry to record the issuance

Multiple Choice Question 161 Ayayai Corp. issues 6300, 10-year, 8%, $1000

Multiple Choice Question 161 Ayayai Corp. issues 6300, 10-year, 8%, $1000 bonds dated January 1, 2020, at 97. The journal entry to record the issuance will show a debit to Discount on Bonds Payable for $189000. credit to Cash for $6111000. credit to Bonds Payable for $6111000. debit to Cash of $6300000. Click if you would like to Show Work for this question: Open Show Work Link to question with available attempts

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