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Myrtle Company sells $500,500 of 13%, 22-year bonds for 97 on April 1, 2020. The market rate of interest on that day is 13% Interest

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Myrtle Company sells $500,500 of 13%, 22-year bonds for 97 on April 1, 2020. The market rate of interest on that day is 13% Interest is paid each . Cash Bonds Payable 485 485 485 485 . 485,485 Cash Discount on Bonds Payable Bonds Payable 15,015 500,500 OC. 500 500 Cash Discount on Bonds Payable Bonds Payable 15,015 485,485 OD. Cash 500,500 Bonds Payable 500.500 1 at day is 13% Interest is paid each year on April 1. The entry to record the sale of the bonds on April 1 would be which of the following

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