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On January 1, Parson Freight Compeny issues 75K, to-yeer bonds whth o porvolue of $3,100,000 The bonds poy interest semiannually. The market rote of interest

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On January 1, Parson Freight Compeny issues 75K, to-yeer bonds whth o porvolue of $3,100,000 The bonds poy interest semiannually. The market rote of interest is 8 5 s and the bond selling price wos $2889352 The bond issuance should be tecorded os Midinale Choice Debit Cash \$2.889352, debr Discount on Bonds Poyable \$210.648, ciedit Bonds Poyable $33100.000 Defit Cash $2.889,352 debnt interest Expense $210,648, credit Bonds Payable $3100,000 Debit Cash \$3,100,000. credit Bonds Poyable \$2.889,352. credit Discount on Bonds Poyable $210,648 Debit Cashi $2,889,352, credit Bonds Payable $2.889,352 Debit Cash \$3, 100,000 , credit Bonds Payable $3,100,000 The following data were reported by a corporation: The number of outstanding shares is: Multiple Choice 43,000 . 33,000 . 18,000 . 28,000 23,000

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