The payment of semiannual interest on 12%,$60,000 bonds issued at par would be to:
A) debit Bond Interest Expense $3,600;credit Cash $3,600.
B) debit Bond Interest Expense $7,200;credit Cash $7,200.
C) debit Cash $1,800;credit Bond Interest Expense $1,800.
D) debit Bond Interest Expense $1,800;credit Cash $1,800.
Correct Answer:
Verified
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