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Smoke and Musk Inc issues bonds with the following information: Par Value Term Contract Interest Rate Issue Price $20,000 8 years 4% 97.2 What

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Smoke and Musk Inc issues bonds with the following information: Par Value Term Contract Interest Rate Issue Price $20,000 8 years 4% 97.2 What is the journal entry to record the bond at issuance? DR [Select] [Select] [Select] Select J [Select] [Select] [Select] [Select] < Question 2 Smoke and Musk Inc issues bonds with the following information: Par Value Term Contract Interest Rate Issue Price $20,000 8 years 4% 97.2 < What is the journal entry to record the retirement of the bond at maturity DR [Select] HP CR Cash > [Select] [Select] > 2.5 pts

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