46) Which of these statements is TRUE of a bond that is issued at a discount? A) The bond will be issued at par. B) The stated interest rate is higher than the prevailing market interest rate. C) At maturity, the bond will repay an amount that is less than the face value. D) The bond will be issued for an amount less than the face value. 47) If bonds with $340,000 face value are issued at par, the cash proceeds are: A) $360,400 B) $340,000 C) $255,000 D) $342,040 48) Which of these statements is FALSE about bonds at their maturity? A) When a bond is matured, the carrying value always equals the face value. B) When bonds are retired at maturity, assuming the last interest payment has already been recorded, the journal entry includes a debit to the Bonds Payable account and a credit to the Cash account. C) When the bond is matured, the carrying value may be more or less than the face value. D) When the bond is matured, the journal entry to retire the bond will include a debit to Bonds Payable for the face value of the bonds. 49) The Lakeside Company issues $511,000 of its 8%, 10-year bonds at 101 on March 31. The bonds pay interest on March 31 and September 30. On September 30, how much cash did the company pay to the bondholders? A) $2,044 B) $40,880 C) $20,440 D) $10,220