Question: 4. ABC Company issues $5,000,000, 6%, 10-year bonds at 4,825,000 on July 1, 2018. Interest is paid on July 1 and January 1. The journal

4. ABC Company issues $5,000,000, 6%, 10-year bonds at 4,825,000 on

4. ABC Company issues $5,000,000, 6%, 10-year bonds at 4,825,000 on July 1, 2018. Interest is paid on July 1 and January 1. The journal entry to record the issuance will include: (2 Points) a debit to cash for $5,000,000. a credit to bonds payable for $4,825,000. a debit to cash for $5,000,000. a debit to discount on bonds payable for $175,000

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