If bonds with a face value of $200,000 are issued at 98, the amount of cash received from issuing the bonds is $204,082. True or False True False On January 1, Year 1, Bluestone Company issued bonds with a face value of $500,000 at 90. Which of the following journal entries would be required to record the bond issue? Multiple Choice Cash 450,000 50,000 Discount on Bonds Payable Bonds Payable 500,000 500,000 Cash Bonds Payable 500,000 Cash Discount on Bonds Payable Bonds Payable 500,000 50,000 550,000 Why are bonds sometimes issued at a discount? Multiple Choice The stated rate of interest is the same as the rate being paid on investments in the securities market with comparable risk. The bonds are being issued between interest payment dates. The stated rate of interest is lower than the rate being paid on investments in the securities market with comparable risk. The stated rate of interest is higher than the rate being paid on investments in the securities market with comparable risk