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ur company sells 40 000 of one-year, 0% bonds for an issue price of $39000 The ou nal entry to record this transaction will include

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ur company sells 40 000 of one-year, 0% bonds for an issue price of $39000 The ou nal entry to record this transaction will include a credit to Bonds Payable n the a mount of Mutiple Choke $39000 $40000 $43,000 $44,000 2 Your company issues $500,000 in bonds at a price of 98. The journal entry used to record the issuance will include a debit to Multiple Choice Cash for $490,000, a debit to Discount on Bonds Payable for S10000, and a credit to Bonds Payable for $500000 Cash for $490000, a credit to Discount on Bonds Payable for $10.000, and a credit to Bonds Payable for $500000 Bonds Payable for $500,000, a credt to Discount on Bonds Payable for $10,000, and a credit to Cash for $490.000 Bonds Payable for $490,000, a debit to Discount on Bonds Payable for $10,000, and a credit to Cash for $500,000. Help Save & Ex ur company is planning to issue $1000 bonds y 9%, your company wil with a stated interest rate of 7% and a maturity date of July 15, 2022 r interest rates rise in the economy so that simlar financial investment Mutiple Choice not be able to issue the bonds because no one wil buy them receive a higher nsue price to compensate buyers for the lower stated ireerest rate have to accept a lower nsue price to attract buyers have to repot re bord certicates to dange the stated interest rate to 9%

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