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A Company Issues $50 Million of Bonds at Par on January

Question 46

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A company issues $50 million of bonds at par on January 1,2015.The bonds pay 10% interest semi-annually on 12/31 and 6/30 and mature in 20 years.The journal entry when the bonds are sold is:


A) A company issues $50 million of bonds at par on January 1,2015.The bonds pay 10% interest semi-annually on 12/31 and 6/30 and mature in 20 years.The journal entry when the bonds are sold is: A) B) C) D)
B) A company issues $50 million of bonds at par on January 1,2015.The bonds pay 10% interest semi-annually on 12/31 and 6/30 and mature in 20 years.The journal entry when the bonds are sold is: A) B) C) D)
C) A company issues $50 million of bonds at par on January 1,2015.The bonds pay 10% interest semi-annually on 12/31 and 6/30 and mature in 20 years.The journal entry when the bonds are sold is: A) B) C) D)
D) A company issues $50 million of bonds at par on January 1,2015.The bonds pay 10% interest semi-annually on 12/31 and 6/30 and mature in 20 years.The journal entry when the bonds are sold is: A) B) C) D)

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