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A company received cash proceeds of $ 2 0 6 , 9 4 8 on a bond issue with a par value of $ 2

A company received cash proceeds of $206,948 on a bond issue with a par value of $200000. The etfernca batuees par vela erif ase zrats
this bond is recorded as a:
Multiple Choice
Credit to interest income.
Credil to Premium on Bonds Paysble.
Credil to Discount on Bonds Payable.
Debit to Premium on Bonds Payble.
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