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Smith Company has issued a$100,000 facevalue, 7%, fiveyear bond at 91. What will be the journal entry for the retirement of thebond, assuming the last

Smith Company has issued a$100,000 facevalue, 7%, fiveyear bond at 91. What will be the journal entry for the retirement of thebond, assuming the last semiannual interest payment was alreadyrecorded?

Cash

100,000

Bonds Payable

100,000

Cash

91,000

Bonds Payable

91,000

Bonds Payable

100,000

Cash

100,000

Bond Payable

91,000

Cash

91,000

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