The Entry to Record the Issuance of Bonds at a Discount

question 135

Multiple Choice

The entry to record the issuance of bonds at a discount on an interest payment date should include a

• A)debit to Cash for the face amount of the bonds.
• B)debit to Cash for the face amount of the bonds plus the amount of discount.
• C)debit to Cash for the face amount of the bonds minus the amount of discount.
• D)credit to Cash for the face amount of the bonds.

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