Question: The Glenn Corporation issues 1,000, 10-year, 8%, $2,000 bonds dated January 1 at 96. The journal entry to record the issuance will show a Select

The Glenn Corporation issues 1,000, 10-year, 8%, $2,000 bonds dated January 1 at 96. The journal entry to record the issuance will show a Select one: a. credit to Cash for $1,920,00 b. debit to Cash of $2,000,000 c. debit to Discount on Bonds Payable for $80,000 d. credit to Bonds Payable for $1,920,000

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