Question: Multiple Choice Question 178 Five thousand bonds with a face value of $1000 each, are sold at 113. The entry to record the issuance is

Multiple Choice Question 178 Five thousand bonds with a face value

Multiple Choice Question 178 Five thousand bonds with a face value of $1000 each, are sold at 113. The entry to record the issuance is Cash 5000000 Premium on Bonds Payable 650000 Bonds Payable 5650000 Cash 5650000 650000 Premium on Bonds Payable Bonds Payable 5000000 Cash 5650000 Bonds Payable 5650000 Cash 5650000 650000 Discount on Bonds Payable Bonds Payable 5000000

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