On January 1, Blaster Corporation issues $200,000 face value, 6% bonds for $194,000. Based on the...

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On January 1, Blaster Corporation issues $200,000 face value, 6% bonds for $194,000. Based on the facts of this transaction, the market r interest is O More than 6% O Less than 6% Equal to 6% Impossible to determine from the given data Question 51 Balista Corporation issues $50,000, 10% bonds at 105. The journal entry includes a Debit to cash for $50,000 Credit to bonds payable for $52.500 O Credit to premium on bonds payable for $2,500 O Debit to premium on bonds payable for $2.500 On January 1, Blaster Corporation issues $200,000 face value, 6% bonds for $194,000. Based on the facts of this transaction, the market r interest is O More than 6% O Less than 6% Equal to 6% Impossible to determine from the given data Question 51 Balista Corporation issues $50,000, 10% bonds at 105. The journal entry includes a Debit to cash for $50,000 Credit to bonds payable for $52.500 O Credit to premium on bonds payable for $2,500 O Debit to premium on bonds payable for $2.500