Time left 1:05:47 Question 11 Not yet answered Marked out of 1.00 Flag question On January 31, 2020, Combinor Company issued $900,000 face amount of 9%, 10-year bonds due January 31, 2030, with a present value of $965,423 at a 8% yield, to Combinee Company for its net assets. The journal entry for the merger includes: a. Debit to investment in combinee net assets $65,423. O b. Debit to investment in combinee net assets $900,000. c. Debit to investment in combinee net assets $965,423. O d. Debit to investment in combinee net assets $ 834,577. Previous page Next page