12 yet On June 1, 2021. Conundrum Company purchased at 101 $300.000 face value bond paying with interest paytle every Myt. Brokerage fees were 5.000.Conundrum recorre compound jound entry on June 1. The net entry to record this transaction would indude ist of Select one O A credit to Cash for $324500 O b. Adebit to interest Receivable for $1.500 O A debit to Investment Expense for 55.000 Od A debit to Bond investment for $19.500 O A credit to Premium on Bond Investment for $3,000 13 The Clark Company fails to record these two joumal entries red out Amortization of Discount on Bond Payable: $40 Cash Dividends declared: 510 99 Total Stockholders' Equity will be Select one: O a. Correct b. $10 overstated O $10 understated d. $50 understated O e $50 overstated