Answered

Discover the answers to your questions at Westonci.ca, where experts share their knowledge and insights with you. Explore our Q&A platform to find in-depth answers from a wide range of experts in different fields. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

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 :

Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.