1. Pace Company issued 97 bonds with a face value of $200,000. As a result of the issue: 
2. 
   
3. Multiple Choice 
4. 
   
5. Assets and liabilities would both increase by $200.000 
6. 
   
7. Assets and liabilities would both increase by $194,000 
8. 
   
9. Assets would increase by $194,000 and liabilities would increase by $200.000 
10. 
    
11. Assets would increase by $200.000, and liabilities would increase by S194,000