TB MC Qu. 10-57 (Static) On January 1, Year 1, Bluestone Company... On January 1, Year 1, Bluestone Company issued bonds with a face value of $500,000 at 90. How will this transaction affect Bluestone Company's cash account? Multiple Choice Cash will increase by $450,000 Cash will increase by $500,000 Cash will increase by $470,000 Cash will increase by $50,000 TB MC Qu. 10-56 (Static) Johansen Company issued a bond at a... Johansen Company issued a bond at a discount. Which of the following shows how the issuance of the bonds affects the financial statements? Balance Sheet Income Statement Stockholders Assets - Liabilities + Equity Revenue Expense Net Income Statement of Cash Flows A. n/a n/a +OA B. n/a n/a n/a n/a +FA c. n/a + +FA D. n/a n/a n/a n/a +OA Multiple Choice Option A Option O Optionc Option D