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tivo tivo
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7 years ago
The journal entry to record $200,000 of bonds that were issued at 97 would be to:
A) debit Cash, $194,000; debit Discount on bonds payable, $6,000; credit Bonds payable, $200,000.
B) debit Cash, $194,000; credit Bonds payable, $194,000.
C) debit Cash, $200,000; credit Bonds payable, $194,000; credit Premium on bonds payable, $6,000.
D) debit Cash, $200,000; credit Bonds payable, $200,000.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
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antonio_johnantonio_john
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Massachusetts Institute of Technology
-- Accounting

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tivo Author
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#2
7 years ago
I appreciate it once again, answered correctly
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