Oasis Company Received $391,800 for Bonds Having a Total Face

question 75

Multiple Choice

Oasis Company received $391,800 for bonds having a total face value of $400,000. What journal entry would be made to record this bond issuance?

• A)Debit Cash for $391,800,debit Discount on Bonds Payable for $8,200,and credit Bonds Payable for $400,000
• B)Debit Cash for $400,000,credit Discount on Bonds Payable for $8,200,and credit Bonds Payable for $391,800
• C)Debit Cash for $400,000 and credit Bonds Payable for $400,000
• D)Debit Cash for $400,000,credit Bonds Payable for $391,800,and credit Interest Payable for $8,200

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Definitions:

Feminization of Love

The association of love and emotional labor with feminine behaviors and roles, often leading to gendered expectations in relationships.

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The process of providing reasons or explanations for one's behavior in a manner that depicts it as reasonable or necessary.