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Marigold Corp. issues 4700, 10-year, 8%, $1000 bonds dated January 1, 2017, at 104. The journal entry to record the issuance will show a O
Marigold Corp. issues 4700, 10-year, 8%, $1000 bonds dated January 1, 2017, at 104. The journal entry to record the issuance will show a O debit to Cash of $4700000. credit to Bonds Payable for $4700000. O credit to Cash for $4888000. O debit to Premium on Bonds Payable for $188000
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