Bonds Payable has a balance of $999,000 and Premium on Bonds Payable has a balance of $10,989. If the issuing corporation redeems the bonds at 102, what is the amount of gain or loss on redemption? Select the correct answer. O $8,991 loss O$10,989 gain O$8,991 gain O$10,989 loss A $287,000 bond was redeemed at 98 when the carrying amount of the bond was $282,695. What amount of gain or loss would be recorded as part of this transaction? Select the correct answer. Ogain on bond redemption of $5,740. Oloss on bond redemption of $4,305. Ogain on bond redemption of $1,435. Oloss on bond redemption of $1,435. If Larger Company issues 2,100 shares of $8 par value common stock for $35,700, determine the result of the transaction on the accounts. Select the correct answer. Paid-in Capital in excess of Par Value will be credited for $16,800. O Common Stock will be credited for $35,700. O Cash will be debited for $16,800. O Paid-in Capital in excess of Par Value will be credited for $18,900