Question: Multiple Choice Question A company issues $ 7 5 , 0 0 0 of 6 % , 1 0 - year bonds dated January 1

Multiple Choice Question
A company issues $75,000 of 6%,10-year bonds dated January 1 that pay interest semiannually on each June 30 and December 31. If
the issuer accepts $69,000 for the bonds, the issuer will record the sale with a debit to which of the following accounts?
Cash
Bond Payable
Cash and Discount on Bonds Payable
Cash and Interest Expense
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