Question: QUESTION 5 Moog Inc. issues 5500,000 in bonds at a price of 98. The journal entry Moog Inc, needs to record is: Dr. Cash $500,000

 QUESTION 5 Moog Inc. issues 5500,000 in bonds at a price

QUESTION 5 Moog Inc. issues 5500,000 in bonds at a price of 98. The journal entry Moog Inc, needs to record is: Dr. Cash $500,000 a. Cr. Discount on Bonds Payable $10,000 Cr. Bonds Payable $490,000 Dr. Cash Dr. Discount on Bonds Payable Cr. Bonds Payable $490,000 $10,000 $500,000 Dr. Bonds Payable $500,000 Cr. Discount on Bonds Payable $10,000 Cr. Cash $490,000 Dr. Bonds Payable Dr. Discount on Bonds Payable Cr. Cash d. Dr. Disa $490.000 $10,000 $500,000

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