Question 17 4 pts Hernandez Corporation issues 2,000, 10-year, 8%, $1,000 bonds dated January 1, 2015, at 98 The journal entry to record the issuance will show a debit to Cash for $1,960,000 credit to Bonds Payable for $2,040,000 debit to Cash of $2,000,000 credit to Discount on Bonds Payable for $40,000 Question 18 4 pts The sale of bonds above face value will have no net effect on Interest Expense by the time the bonds mature will cause the total cost of borrowing to be more than the bond interest paid will cause the total cost of borrowing to be less than the bond interest paid is a rare oCcurrence