The entry to record the issuance of the bonds would include a
A) credit of $125,000 to Interest Payable.
B) credit of $200,000 to Premium on Bonds Payable.
C) credit of $4,800,000 to Bonds Payable.
D) debit of $200,000 to Discount on Bonds Payable.

Question

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The Answer of The entry to record the issuance of the bonds would include a
A) credit of $125,000 to Interest Payable.
B) credit of $200,000 to Premium on Bonds Payable.
C) credit of $4,800,000 to Bonds Payable.
D) debit of $200,000 to Discount on Bonds Payable.

The Entry to Record the Issuance of the Bonds Would