3500 thousand bonds with a face value of $1000 each, are sold at 104. The entry to record the issuance is Cash Premium on Bonds Payable Bonds Payable Cash Discount on Bonds Payable Bonds Payable Cash Bonds Payable Cash 3640000 Bonds Payable 3640000 3640000 Premium on Bonds Payable 3500000 140000 140000 3500000 3640000 3500000 140000 3640000

3500 thousand bonds with a face value of $1000 each, are sold at 104 . The entry to record the issuance is Cash 3640000 Premium on Bonds 140000 Payable - 140000 Bonds Payable 3500000 Cash 3640000 Discount on Bonds 140000 Payable Bonds Payable 3500000 Cash 3640000 Bonds Payable 3640000 Cash 3500000