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Question 14 4 pts On January 1, 2015, Carter Corporation issued $5,000,000, 10-year, 8% bonds at 102. Interest is payable annually on January 1. The
Question 14 4 pts On January 1, 2015, Carter Corporation issued $5,000,000, 10-year, 8% bonds at 102. Interest is payable annually on January 1. The journal entry to record this transaction on January 1, 2015 is Debit Credit a. Cash 5,000,000 Bonds Payable 5,000,000 b. Cash 5,100,000 Bonds Payable 5,100,000 c. Premium on Bonds Payable 100,000 Cash 5,000,000 Bonds Payable 5,100,000 d. Cash 5,100,000 Bonds Payable 5,000,000 Premium on Bonds Payable 100,000 a C
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