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Maslowich
3 years ago
15

A company received cash proceeds of $206,948 on a bond issue with a par value of $200,000. The difference between par value and

issue price for this bond is recorded as a:________
A. Credit to Interest Income
B. Credit to Premium on Bonds Payable.
C. Credit to Discount on Bonds Payable.
D. Debit to Premium on Bonds Payable
E. Debit to Discount on Bonds Payable
Business
1 answer:
ratelena [41]3 years ago
7 0
I think b but not fully sure, good luck
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