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1005758cmid: 283954&page 6 udent Support Help Desk Time left 0:26:26 Wolf Creek Inc has available for issue a $3,200,000 bond due in eight years. Interest at the rate of 6% is to be paid semi annually beginning six months from the date of issue. The market interest rate is currently 4%. What should Wolf Creek Inc's journal entry be to record accrued interest two months after the date of issue? 21,333 10,667 Select one: O a. Bond Interest Expense Premium on Bonds Payable Bond Interest Payable to record accrued interest on bond 96,000 X2/6= 32.000 64.000 x 2/6 = 21,333 32.000 x 2/6 = 7771 Ob 96,000 Bond Interest Expense Discount on Bonds Payable Bond Interest Payable to record accrued interest on bond 96,000x2/6 32,000 2021222