Jensen Corporation issued $800,000 in bonds that mature in 5 years. The bonds have a stated interest rate of 8 percent and pay interest on 12/31.The bonds were sold at the market rate of 7 percent for $832, 802. Jensen uses the effective-interest method. Give all journal entries related to record the issuance of the bonds. Indicate the account title to be debited by $832, 802. A. Acct Receivable B. Cash C. LT Bonds Payable D. Discount on LT Bonds Payable E. None Indicate the account title to be credited by $800,000. A. Discount on LT Bonds Payable B. Cash C. LT Bonds Payable D. Interest Expense E. Treasury Stock Indicate the account title to be credited by $32, 802. A. Cash B. Discount on LT Bonds Payable C. Interest Expense D. Premium on LT Bonds Payable E. Gain on Bonds Issuance What amount of interest expense that should be recorded on Dec. 31, Y3? A. $64,000 B. $66, 624.16 C. $56,000 D. $58, 296.14 E. $32, 802 What amount of cash interest should be paid on Dec.31 Y3? A. $64.000 B. $66, 624, 16 C. $56,000 D. $58, 296, 14 E. $32, 802 What is the book value of the bond on Dec. 31, Y3? A. $800,000 B. $832, 802 C. $827, 098 D. $774, 506 E. $838, 506 What amount of interest expense that should be recorded on Dec. 31, Y4? A. $64,000 B. $57, 896.87 C. $56,000 D. $58, 296, 14 E. $66, 167, 85 What amount of cash interest should be paid on Dec. 31, Y4? A. $64,000 B. $66, 624, 16 C. $56,000 D. $58, 296, 14 E. $32, 802 Which of the following represents the shares currently in the hands of investors? A. Authorized shares B. Issued shares C. Outstanding shares D. Unissued shares Which of the following is a "contra" stockholders equity account? A. Retained Treasury B. Preferred Stock. C. Treasury stock. D. Capital in excess of par value