A company receives $102,000 when it issued a bond with a face value of $100,000 and a stated interest rate of 7%. Which of the following statements is correct

A company receives $102,000 when it issues a bond with a face value of $100,000 and a stated interest rate of 7%. Which of the following statements is correct? Multiple Choice C ) The entry to record the issuance will include a credit to bonds Payable for $102.000 O The annual interest expense is $7000 C) The carrying value of the bonds will be $100.000 at maturity C ) The market interest rate is 7