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QUt Chapter 12 D Question 8 3 pts Which of the following is the correct journal entry when amortizing a discount on bonds payable. A

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QUt Chapter 12 D Question 8 3 pts Which of the following is the correct journal entry when amortizing a discount on bonds payable. A Discount on Bonds Payable Interest Expense B. Interest Expense Discount on Bonds Payable C. Discount on Bonds Payable Interest Revenue A B Question 9 3 pts 1,000 shares of common stock with a par value of $5 is sold for $8. Which of the following is correct: A. Cash is debited for $5,000 B. Common Stock is debited for $5,000 C. Paid in Capital in Excess of Paris credited for $3,000 D. Common Stock is credited for $8,000 OD

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