Remaining Time 2 hours, 04 min 11 scand Question Completion Matus of these bond Debit Cash $1,020,000 Credit Bonds Payable $1,000,000 Cm Premam on Bonds Fe O Debit Cash $1,000,000, Det interest Expense $500,000 Creds and Pay $1,500,000 Discount on Bonds Payable $20,000; Crede-Bonds Payale $1,000,000 O Debit Cash $1,000,000; Credit Bonds Payable $1,000,000 O Debit Cash $980,000; Debt QUESTION 26 On July 1, 2019, Yoshi Corporation issues a note payable in the amount of $150,000 that is due in 6 months s maturity date January 1, 2020 This note bears interest at a rate of 5% and the interest is due on the bonds maturity date Assuming that the company made the correct adjusting entries Be. Interest expense accruals in 2015, what is the entry to be recorded on January 1, 2020 when the bond matures and the interest is due Debit Notes Payable $150,000; Debit-Interest Expense $7,500; Credit Cash $157,500 O Debit Notes Payable $150,000, Debit-Interest Expense $3,750; Credit-Cash $153,750 Debit-Notes Payable $150,000; Credit Cash $150,000 Debit-Notes Payable $150,000; Debit-Interest Payable $3,750, Credit Cash $153,750 Click Save and Submit to save and submit Click Save All Amers to save off answers Save Son and Sabee Rosalina Corporation issues bonds that have a face value of $1,000,000 at a price of 98. These bonds mature in 5 years and they have an interest rate of 10%. What is the journal entry that Rosalina Corporation should record when upon the issuance of these bonds? Debit Cash $1,020,000; Credit-Bonds Payable $1,000,000; Credit - Premium on Bonds Payable $20,000 O Debit-Cash $1,000,000; Debit - Interest Expense $500,000; Credit-Bonds and interest Payable $1,500,000 0 Debit - Cash $980,000; Debit-Discount on Bonds Payable $20,000; Credit - Bonds Payable $1,000,000 Debit Cash $1,000,000; Credit-Bonds Payable $1,000,000 QUESTION 26 On July 1, 2019, Yoshi Corporation issues a note payable in the amount of $150,000 that is due in 6 months (its maturity date is January 1, 2020). This note bears interest at a rate of 5% and the interest is due on the bond's maturity date. Assuming that the company made the correct adjusting entries (ie. interest expense accruals in 2019), what is the entry to be recorded on January 1, 2020 when the bond matures and the interest is due? O Debit - Notes Payable $150,000; Debit - Interest Expense $7,500; Credit - Cash $157,500 O Debit-Notes Payable $150,000; Debit - Interest Expense $3,750; Credit-Cash $153,750 O Debit-Notes Payable $150,000; Credit - Cash $150,000 Debit-Notes Payable $150,000; Debit - Interest Payable $3,750; Credit-Cash $153,750