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D Question 55 Jones Enterprises issued a ten-year, $20,000 bond with a 10% interest rate for $19,500. What entry would Jones record for this
D Question 55 Jones Enterprises issued a ten-year, $20,000 bond with a 10% interest rate for $19,500. What entry would Jones record for this issuance? Option A. Account Cash Discount on Bonds Payable Bonds Payable DR CR 19,500 500 20,000 B. Cash 20,000 Premium on Bonds 500 Payable Bonds Payable 19,500 C. Cash 20,000 Bonds Payable 20,000 D. Cash 19,500 Bonds Payable 19,500 1.5 pt
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