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On July 1. Comp inc: issued 5500.000 of 15-year 8% bands dated April 1, with interest payable each October 1 and April 1 . The

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On July 1. Comp inc: issued 5500.000 of 15-year 8% bands dated April 1, with interest payable each October 1 and April 1 . The bonds were sold at par plus accrued interest. The entry to record the issuance of the bonds would includa: Credit to Bonds Payable, $510,000 B. Credit to Inserest Payable, $10,000 C. Debi to Interest Expense, $20,000 D. Deblt to Cash, 3500,000

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