On January 1,2014,a bond was issued at a discount.The journal entry to record the semiannual interest payment on July 1,2014 would include a:
A) debit to Interest Expense,a credit to Discount on Bonds Payable and a credit to Cash.
B) debit to Interest Expense,a debit to Discount on Bonds Payable and a credit to Cash.
C) debit to Interest Expense,a debit to Cash and a credit to Discount on Bonds Payable.
D) debit to Discount on Bonds Payable and a credit to Cash.
Correct Answer:
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