4. Terrance Inc. issues a bond for 100,000 . The stated rate of the bond is the same as the market rate of the bond. Journalize the entry to issue the bond: 5. When a bond is issued at 8% and the market rate is 10%, the bond will sell at: a. Face Value b. Discount c. Premium 6. When a bond is issued at 10% and the market rate is 8%, the bond will sell at: a. Face Value b. Discount c. Premium Bonus Question: A news corporation is being sued for defamation. It recently settled a similar lawsuit with another company. In the company's annual report the company should: a. record the liability b. disclose the liability c. do nothing