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Gulf Company issued bonds with a par value of $500,000 for cash of $530,000. What is the account's name and type representing the difference between

Gulf Company issued bonds with a par value of $500,000 for cash of $530,000. What is the account's name and type representing the difference between par cale and price? OA. A bond premium; a contra asset account OB. A bond discount a contra equity account OC. A bond discount, a contra liability account OD.A bond premium; an adjunct account

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