The Reed Company issued $200,000 par value,10% bonds outstanding that were issued at a discount of $9,800.How would the company' record the journal entry to retire the bonds at the date of maturity?
A)Debit Bonds Payable for $200,000 and credit Cash for $200,000.
B)Debit Cash for $200,000 and credit Bonds Payable for $200,000.
C)Debit Cash for $191,200 and credit Bonds Payable for $191,200.
D)Debit Bonds Payable for $191,200 and credit Cash for $191,200.
E)Debit Bonds Payable for $191,200,credit Discount on Bonds Payable for $9,800,and credit Cash for $200,000.

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The Answer of The Reed Company issued $200,000 par value,10% bonds outstanding that were issued at a discount of $9,800.How would the company' record the journal entry to retire the bonds at the date of maturity?
A)Debit Bonds Payable for $200,000 and credit Cash for $200,000.
B)Debit Cash for $200,000 and credit Bonds Payable for $200,000.
C)Debit Cash for $191,200 and credit Bonds Payable for $191,200.
D)Debit Bonds Payable for $191,200 and credit Cash for $191,200.
E)Debit Bonds Payable for $191,200,credit Discount on Bonds Payable for $9,800,and credit Cash for $200,000.

The Reed Company Issued $200,000 Par Value,10% Bonds Outstanding That