When Bonds Are Issued at Face Value,________

Multiple Choice

When bonds are issued at face value,________.

A) the amount of cash received depends on the amount of bond discount or premium
B) for each interest payment, the amount of Interest Expense equals the amount of cash paid
C) for each interest payment, the amount of Interest Expense depends on the amortization of the bond discount or premium
D) the journal entry to record the issuance of the bonds includes a debit to the Bonds Payable account