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8) A corporation issues fifty $1,000 face value 10% bonds at 102.5. Which of the following will be included in the journal entry to

 

8) A corporation issues fifty $1,000 face value 10% bonds at 102.5. Which of the following will be included in the journal entry to record the issuance of the bonds? A) The entry will include a debit to discount on bonds payable for $1,250. yammus nobo art dtiw sonsbac B) The entry will include a debit to cash for $50,000. C) The entry will include a credit to bonds payable for $51,250. D) The entry will include a credit to premium on bonds payable for $1,250. 161

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