biz Time Left 0 22:03 Noah Murdock Altent : I and II Oil and only Question 4 (1 point) ABC Co issues their $500,000, 10% bonds payable at a premium the debit to Cash is greater than the credit to Bonds Payable the maturity value is greater than the present value of the Interest and principal payments the market rate of interest must be great than the contract rate of interest both A and Care true Question 5 (1 point) On January 1, XYZ Co, issued $800,000, 10-year, 9% bonds to yield a 9% return. The bonds pay interest annually on December 31each year. What is the amount of Interest expense on December 31 in the first year, assuming the effective interest method of amortization! MacBook Air N 7 8 E R Y U C O F G H J K > B N M M V. * command