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olganol [36]
3 years ago
5

LPC issued the bonds: Multiple Choice Cannot be determined from the given information. At par. At a premium.

Business
1 answer:
julsineya [31]3 years ago
8 0

Answer:

At a premium

Explanation:

As in the question it is given that

The issued price is $207,020

And, the face value is $200,000

So as we can see that

The issued price i.e. $207,020 is more than the face value i.e. $200,000

So the bond is issued at a premium also the difference of $7,020 would be transfer to the premium account

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