Question: The journal entry on the maturity date to record the payment of $1, 000, 000 of bonds payable that were issued at a $60, 000

The journal entry on the maturity date to record the payment of $1, 000, 000 of bonds payable that were issued at a $60, 000 discount includes a credit to cash for $1, 060, 000. A debit to Bonds Payable for $1, 000, 000. A debit to discount on bonds payable for $60, 000. all of the above

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