If Crittenden Corporation issued Ten bonds of $3,000 at 99.75 on the interest date.The entry to record this transaction is:
A) Cash 2,993
Bonds Payable 2,993
B) Cash 29,925
Bonds Payable 29,925
C) Cash 30,000
Unamortized Bond Premium 75
Bonds Payable 29,925
D) Cash 29,925
Unamortized Bond Discount 75
Bonds Payable 30,000
Correct Answer:
Verified
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