answers to 21 & 22

D)Nohe of these answers are correct 21) The payment of semiannual interest on 10%, $30,000 bonds would be to: A) debit Bond Interest Expense $30,000; credit Cash $30,000. B) debit Cash $15,000; credit Bond Interest Expense $15,000. C) debit Bond Interest Expense $1,500; credit Cash $1,500. D) debit Cash $30,000; credit Bond Interest Expense $30,000. 21) 22) The entry to record the semiannual payment and amortization of the discount using the 22)_ straight-line method on a 10%, $200,000, 10-year bond issued at 97 would be to: A) debit Bond Interest Expense $10,000; credit Cash $10,000. B) debit Bond Interest Expense $10,300; credit Cash $10,000; credit Discount on Bonds Payable $300. C) debit Bond Interest Expense $20,000; credit Cash $15,000, credit Discount on Bonds Payable $5,000. D) debit Bond Interest Expense $20,000; credit Cash $20,000