q4

lestion 4 1 points Sweat A company issues bonds with a $100,000 par value, an 8% annual contract rate, semiannual interest payments, and a five year life. The bonds sold for $107 850. The entry to record the issuance of the bonds will include O credit to Premium on Bonds Payable of $7,850 A debit to Interest Expense of $7.850 A debit to Discount on Bonds Payable of $7.850 Acredit to Cash of $100.000