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The following information applies to questions 63,64 , and 65: On January 1. Ycat 1. Residence Comparo issued bonds with a $50,000 face value. The

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The following information applies to questions 63,64 , and 65: On January 1. Ycat 1. Residence Comparo issued bonds with a $50,000 face value. The bonds were issued at 104 , They had a 20 year terma and a suated rate of interest of 7%6. 63) Which of the following jounal entries correctly records the fond itssuance on Jansary 1, Year 1? the final interest pryment and any related amortization, but before repaying the principaly 1s C) 948,000 A) 552,000 D) 546,500 B) 550,000

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