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6. A company issued 10%, 5-year bonds with a par value of $150,000. The market rate when the bonds were issued was 9%. The company

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6. A company issued 10%, 5-year bonds with a par value of $150,000. The market rate when the bonds were issued was 9%. The company received $162,000 cash for the bonds. The journal entry to record this transaction would include a A) Debit to Discount on Bonds Payable. B) Debit to Premium on Bonds Payable. C) Credit to Premium on Bonds Payable. D) Debit to Bonds Payable Rose Company issued 10-year, 10% bonds with a par value of $200,000. Interest is paid semiannually. The market rate on the issue date was 8%. Rose Company received S230,000 in cash proceeds. Which of the following statements is true? A) Rose Company must pay $200,000 at maturity and no interest payments. 9. B) Rose Company must pay $200,000 at maturity plus 20 interest payments of S$10,000 each. C) Rose Company must pay $200,000 at maturity plus 20 interest payments of $8,000 each D) Rose Company must pay $230,000 at maturity plus 20 interest payments of $10,000 each

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