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D Question 4 4 pts Smith & Wesson Corporation issues 15 year, 4%, face value $10,000,000 bonds dated January 1, 2020. at 98. The journal
D Question 4 4 pts Smith & Wesson Corporation issues 15 year, 4%, face value $10,000,000 bonds dated January 1, 2020. at 98. The journal entry to record the issuance will show a: a credit to Bonds Payable for $9.800,000 a debit to Premium on Bonds Payable for $200,000 a debit to Discount on Bonds Payable for $200,000 a credit to Premium on Bonds Payable for $200,000 a debit to Cash for $10,000,000 Question 5 4 pts Kropp Travel Company issues $1,500,000 of its 12%, 10-year bonds at 102 on January 1, Year 1. The bonds pay interest semi-annually on June 30 and December 31. Assume that Kropp uses the straight-line method for amortization. When Kropp makes her first interest payment on June 30, Year 1, she will debit Interest Expense for $
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