Measurement (during the year): During the year, a company issues a bond due in 10 years at face amount with interest payable semiannually. Which of the following is recorded at the time the bond is issued? Multiple Choice No entry is recorded until the bond matures in 10 years. Debit Bonds Payable; credit Cash. Debit Cash and Interest Expense; credit Bonds Payable.

Measurement (during the year): During the year, a company issues a bond due in 10 years at face amount with interest payable semlannually Which of the following is recorded at the time the bond is issued? Multiple Choice No entry is recorded until the bond matures in 10 years. Debit Bonds Payoble: credi Cash. Debit Cosh and interest Expense, crecit Bonds Payable