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Question On April 1 Year 1 Green way Corporation issues S20 million of 10%, 20-year bonds payable at par Interest on the bonds is payable
Question On April 1 Year 1 Green way Corporation issues S20 million of 10%, 20-year bonds payable at par Interest on the bonds is payable seman each April 1 and October 1. On Apnil 1, Year 1, the journal entry to record issuance of the bonds will include 15 any Not yet answered Select one: Marked out of 1 a. A credit to Interest Payable of $1,000,000 Fleg question b.A debit to Cash of $20,000,000 O c. A credit to Bonds Payable of $2,100,000 O d. A debit to Cash of $21,000,000
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