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If a company records less as interest expense than they pay in cash interest, this means that the bond was issued: at face value at
If a company records less as interest expense than they pay in cash interest, this means that the bond was issued: at face value at a premium O cannot be determined from the information given at a discount When bonds are issued at a premium, the journal entry recorded by the bondholder (investor) on the interest payment date should include: O a debit to Premium on Bonds Receivable O a debit to Interest Expense Oa credit to Discount on Bonds Receivable O a credit to Premium on Bonds Receivable A callable bond typically pays what rate of interest compared to a similar bond with no call option? the same O cannot be determined from the information given Olower higher 3 pts
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