Question: Multiple Select Question Select all that apply: A company issues $100,000 of 6%, 10-year bonds dated January 1, that pay interest semiannually on June 30

Multiple Select Question

Select all that apply:

A company issues $100,000 of 6%, 10-year bonds dated January 1, that pay interest semiannually on June 30 and December 31 each year. If bonds are sold at par value, the issuer records the first semi-annual interest payment with which of the following entries?

Credit to Cash for $6,000
Debit to Interest Expense for $6,000
Credit to Cash for $3,000
Debit to Interest Expense for $3,000.

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