L. What is the journal entry to record the issuance of $100,000 face amount of 10% bonds for $105,000 cash? A. Dr. Cash 105,000 Gr. Discount on Bonds Payable 5000 Cr. Bonds Payabie 100,000 B. Dr. Bonds Payable 100,000 Dr. Premium on Bonds Payable 5000 Cr. Cash 105,000 C. Dr. Cash 105,000 Cr. Bonds Payable 105,000 D. Dr. Bonds Payable 105,000 Cr. Cash 105,000 E. None of the above 2. In how many of the following five comparisons between the market rate and the stated rate are the bonds issued at a discount? Market Stated Rate Rate 1. 10% 10% 5. 1 A.5 B.4 C.3 D.2 E. None of the above 3. If the bond interest coupon payment is $10,000 and the amortization of bond premium is $200, how much is the bond interest expense? A. 10200 B. 10000 C 9800 D. 200 E. None of the above Styles Paragraph 4. What is the journal entry to record the issuance of $100,000 face amount of 10% bonds for $100,000 cash? A Dr. Cash 100,000 Cr. Bonds Payable 100,000 B. Dr. Bonds Payable 100,000 Cr. Cash 100,000 C. Dr. Cash 100,000 Cr. Bonds Receivable 100,000 D. Dr. Bonds Receivable 100,000 Cr. Cash 100,000 E. None of the above ACC222 Paragraph 5. How many of the following five accounts have the normal balance? Debit Credit Bonds Payable 100,000 Cash 10,000 Discount on Bonds Payable 10,000 Premium on Bonds Payable 10,000 100,000 Accounts Payable A.5 B.4 C.3 D.2 E. None of the above