10. On January 1, a company issued a $50,000 face amount, 8% 5-year bond for $46,139 that will yield 10%. Interest is payable on June 30and December 31 What is the bond carrying amount on December 31 of the current year? a. $46,139 b. $46,446 C. $46,768 d. $47,106 11. On 1/1/17. Evangel Company issued 9% bonds in the face amount of $100,000, which mature in 5 years. The bond of $3,793. Evangel uses the effective interest method of amortizing bond discount. Interest is payable annually should be reported on Evangel's income statement for 2018 a. $9,683 b. $9,621 c. $9,000 d. $8,317 12. A company issues bonds at 98, with a maturity value of $50,000. The entry the company uses to record the original issue should include which of the following? a. a debit to bond discount of $1,000 b. a credit to bonds payable of $49,000. c. a credit to bond premium of $1,000 d. a debit to bonds payable of $50,000