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Question 50 3.33 pts On January 1, Blaster Corporation issues $200,000 face value, 6% bonds for $194,000. Based on the facts of this transaction,
Question 50 3.33 pts On January 1, Blaster Corporation issues $200,000 face value, 6% bonds for $194,000. Based on the facts of this transaction, the market rate of interest is: O More than 6% Less than 6% O Equal to 6% Impossible to determine from the given data D Question 51 Balista Corporation issues $50,000, 10% bonds at 105. The journal entry includes a: O Debit to cash for $50,000 O Credit to bonds payable for $52,500 O Credit to premium on bonds payable for $2,500 O Debit to premium on bonds payable for $2,500 Question 52 3.33 pts
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