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On January 1, 2019. Agree Company issund $84,000 of five year e% bonds when the market interest rate was 12%. The issue price of the

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On January 1, 2019. Agree Company issund $84,000 of five year e% bonds when the market interest rate was 12%. The issue price of the band was 576.801 Apreutes discount Semiannual interest payments are made on June 30 and December 31 of each year. Which of the following is the correct journal entry to record the test interest pay 5,040 5,040 3360 1,680 5,040 OA. Interest Expense Cash OB. Interest Expense Discount on Bonds Payable Cash OC. Interest Expense Discount on Bonds Payable Cash OD. Interest Expense Discount on Bonds Payable Cash 5040 3.360 1680 4584 1.224 3360

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