Question: When the market rate is 1 2 % , a company issues $ 5 0 , 0 0 0 of 9 % , 1 0

When the market rate is 12%, a company issues $50,000 of 9%,10-year bonds dated January 1,2017, that mature on December 31,2026, and pay interest semiannually. When the bonds mature, the issuer records its payment of principal with a debit to in the amount of
Bonds payable; $95,000
Bonds Payable; $50,000
Cash; $95,000
Cash; $50,000
When the market rate is 1 2 % , a company issues

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