q4

Question 4 1 points Save Answer A company issues bonds with a $100,000 par value, an 8% annual contract rate, semiannual interest payments, and a five year life. The bonds sold for $107,850. The entry to record the issuance of the bonds will include: O credit to Premium on Bonds Payable of $7,850. O A debit to Interest Expense of $7,850 O A debit to Discount on Bonds Payable of $7,850 O A credit to Cash of $100,000