Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
upton upton
wrote...
Go to Answer
Posts: 942
Rep: 0 0
6 years ago
Hefley Corporation issued a 10%, $400,000, 8-year bond at 104. The entry to record the issuance transaction is to:
A) debit Cash $416,000; credit Bonds Payable $416,000.
B) debit Cash $400,000; debit Premium on Bonds Payable $16,000; credit Bonds Payable $416,000.
C) debit Cash $400,000; credit Bonds Payable $400,000.
D) debit Cash $416,000; credit Bonds Payable $400,000; credit Premium on Bonds Payable $16,000.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
Read 69 times
1 Reply
Replies
Answer verified by a subject expert
OmpaOmpa
wrote...
#1
Top Poster
Posts: 772
Rep: 18 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

upton Author
wrote...

6 years ago
Helped a lot
Tabitha.davis
wrote...

Yesterday
Correct Slight Smile TY
bahajo
wrote...

2 hours ago
Brilliant ツ
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1131 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 578
  
 9
  
 121
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 741
Previous poll results: Should Ph.D.'s be addressed as doctors?