Amazon's Bond On January 1, 2019, Amazon issues $100,000 in bonds having a 10 percent annual stated rate of interest. The bonds mature in two years, and interest is paid semiannually. The annual market rate of interest is 8 percent. These bonds are issued at Using the effective interest rate method of amortization (the method we learned in class), which of the following is true about Amazon's joumal entry on December 31, 2019? Multiple Choice Credit bond payable for $100.000 There is no journal entry required on December 31, 2019 because Amazon doesn't repay the bond until December 31, 2020. Debit interest expense for $5,000, Debit bond premium for $889. Credit bond discount for $855