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4000 bonds with a face value of $1000 each, are sold at 97. The entry to record the issuance is O O Cash Discount on
4000 bonds with a face value of $1000 each, are sold at 97. The entry to record the issuance is O O Cash Discount on Bonds Payable Bonds Payable Cash Discount on Bonds Payable Bonds Payable Cash Premium on Bonds Payable Bonds Payable 3880000 120000 4000000 3880000 4000000 120000 3880000 120000 .4000000
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