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answer both questions and just the answers Question 8 Blue Spruce Corp. Issues 4100, 10-year, 8%, $1000 bonds dated January 1, 2020, at 95. The
answer both questions and just the answers Question 8 Blue Spruce Corp. Issues 4100, 10-year, 8%, $1000 bonds dated January 1, 2020, at 95. The journal entry to record the issuance will show a O credit to Cash for $3895000. O credit to Bonds Payable for $3895000. O debit to Cash of $4100000 O debit to Discount on Bonds Payable for $205000 Question 9 An architecture firm earned earned $2400 for architecture services provided with the fee to be paid in the future. No entry was made at the time the service was provided. If the fee has not been paid by the end of the accounting period and no adjusting entry is made this would cause O liabilities to be understated. O revenues to be understated. revenues to be overstated. net income to be overstated
answer both questions and just the answers
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