Business, 20.03.2020 17:50, dennittap

Bond's inc. Issued $10,000 7%, 5-year bonds that pay interest annually receiving $10,420 given a 6% market rate of interest. Rounding to the nearest $ the entry to record the first interest payment, using the straight-line method includes a ___ check all that apply Credit to cash of $700 Debit to Interest Expense of $616 Credit to Discount on Bonds Payable of $84 Debit to Premium on Bonds Payable of $84 Debit to Interest Expense of $639 Debit to Premium on Bonds Payable of $61

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Bond's inc. Issued $10,000 7%, 5-year bonds that pay interest annually receiving $10,420 given a 6%...