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On January 1, 2022. Alberta Inc. issues S100,000, 10 year, 10% popoon rate bonds at 104. The Journal entry to record this transaction will incude a to:
a. Cash and a credit to Bonds Payable for $106.000 b. Cash for $100,000, a dobit to interest Expense for $4,000, and a credit to Bonds Payable for $10,000 c. Cash and a credit to Bonds Payable for $100,000 d. Cash for $104.000, a credit to Bonds Payable for $100,000, and a credit to Premium on Bonds Payable for $4.000
Sagot :
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