Question 53 Not yet answered Starked out of 1.00 Flag question The joumal entry a company makes for the issuance of bonds when the contract rate is less than the market rate would be Select one: a. debit Cash and Discount on Bonds Payable, credit Bonds Payable debat Bonds Payable, credit Cash de Casn credu Bonds Payable a. debit can credit Premium on Bond: Pasable and Bones Payable