(A) Cash (B) Bond Payable (C) Discount on Bond Payable D) Premium on Bond Payable (E) Gain or Loss on Sale of Bond (F) Interest Expense (G) Interest Payable (X) No account is needed Use the accounts above to describe the debits and credits that would be needed for each of the below listed transactions. Formatting: Write the corresponding letter in the space provided. For example, write "A" not "(A)" 1) A bond is issued at par The debit account would be: The credit account would be: E 2) What is the transaction needed to issue a bond with a face value of $10.000. A 2) What is the transaction needed to issue a bond with a face value of $10,000. A debit of $9,000 has already been made to record the cash received from the issuing - what are the remaining parts of the Journal Entry? The debit account would be: The credit account would be: A/ 3) A bond that was previously issued at a discount is paying it's first coupon payment in cash. In addition to a credit to cash, what are the remaining parts of the Journal Entry? The debit account would be: The credit account would be: 4) During a year end accrual entry for a bond that was issued at premium, the "premium on bond payable" account will be debited - what are the remaining parts of the Journal Entry? The debit account would be: The credit account would be: 5) The journal entry to buy back a fully amortized bond will be The debit account would be: The credit account would be