ution of Question 4 1 points On January 1, a company issued and sold a 5400.000,7%, 10-year bond payable and received proceeds of $352.000 estis payableach June 30 and December 31 The company uses the straight line method to amortize the discount. The jumal try to record the first interest payment is Debit Bond Interest Expense 513 800, debit Discount on Bonds Payable 5200 Credit Cash $14.000 Debit Bond Interest Expense 528,000, credit Cash $28.000 Debit Bond Interest Expense $14.400 Credit Cash $14.000 credit Discount on Bonds Payable $400 Debit Bond Interest Expense 514.000 debit Discount on Bonds Payable $200. Credit Cash 514200 AMA e th rm 70F Clear A 400 ENG 2 PM 12/23/2021 DOLL M GAUR