A $500,000 bond is issued on 1/1. The transaction is recorded on 1/1 by the company as: (Select ALL that apply)

A $500,000 bond is issued on 1/1. The transaction is recorded on 1/1 by the company as: (Select ALL that apply) Debit to Current Portion Long-term Debt for $500.000 Debit to Bonds Payable for $500,000 Debit to Accounts Receivable for $500,000 Credit to Current Portion Long-term Debt for $500,000 Credit to Accounts Receivable for $500,000 Debit to Cash for $500,000 Credit to Bonds Payable for $500,000 Credit to Cash for $500.000