Exhibit 14-2 Joseph Issued 9%, Ten-Year Bonds Dated January 1

Exhibit 14-2 Joseph issued 9%, ten-year bonds dated January 1, 2014, with a face value of $100,000 at 102 plus accrued interest on March 1, 2014. Joseph amortizes premiums and discounts using the straight-line method. Expenses connected with the issue totaled $5,000 and were deducted in arriving at the net proceeds.

-Refer to Exhibit 14-2. The entry to record the issue would include a debit to Cash for

A) $ 99,500
B) $ 98,500
C) $102,000
D) $103,500