Complete the follow, a) Companies raise funds by selling bonds. The company tha as a(n) company that sells the bond would record it _(investment, long term liability). b) The Company that purchases the bond would record it as al - investment, long term liability). c) Which section of the Balance Sheet would locate Bonds Payable? d) If Text Inc. purchased $1,000,000 6% bonds from Extra Ltd. What account would Text Inc. DEBIT? What account would Extra Ltd. CREDIT