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If ABC Co. issues their $500,000, 10% bonds payable at a premium, O a. the debit to Cash is greater than the credit to Bonds
If ABC Co. issues their $500,000, 10% bonds payable at a premium, O a. the debit to Cash is greater than the credit to Bonds Payable. O b. the maturity value is greater than the present value of the interest and principal payments. O c. the market rate of interest must be greater than the contract rate of interest. O d. both A and C are true
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