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q4...fast Wuestion 4 03 Question 4 1 points Save Answer A company issues bonds with a $100,000 par value, an 8% annual contract rate, semiannual
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Wuestion 4 03 Question 4 1 points Save Answer 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 O A debit to Interest Expense of $7,850 O A debit to Discount on Bonds Payable of $7,850 O A credit to Cash of $100,000 04Step by Step Solution
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