Question 4 When a bond is sold at a discount how is the difference between the bonds sale price and its face value? Not yet answered Marked out of 1.00 Flag question Select one: a. a credit to bond payable expense b. a credit to discounts on bond payable c. a debit to bond payable expense O d. a debit to discounts on bonds payable Question 5 Not yet answered What does the method of acquiring the patent affect? Select one: Marked out of 1.00 a. the book value of the patent P Flag question b. the useful life of the patent c. the selling price of the patent d. the purchase price of the patent Question 6 What two accounts are debited when recording the pay off of a bond? Not yet answered Marked out of Select one: O a. cash and bond interest 1.00 P Flag question O b. bond interest expense and bond payable O c. cash and bond payable O d. bond payable and bond discounts