Question: to 1. Using the interest method, the journal entry to record the first interest payment and the related amortization for bonds issued at a discount

to 1. Using the interest method, the journal entry to record

to 1. Using the interest method, the journal entry to record the first interest payment and the related amortization for bonds issued at a discount includes a a. debit; Discount on Bonds Payable b. credit; Discount on Bonds Payable c. credit; Interest Expense d. debit; Cash ta 2. Using the interest method, the journal entry to record the first interest payment and the related amortization for bonds issued at a premium includes a a debit; Premium on Bonds Payable b. debit; Cash C. credit; Premium on Bonds Payable d. credit: Interest Expense

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