Which of the following is the correct journal entry to record the issuance of a $100,000 face value bond at 95?
|
a |
Cash |
95,000 |
|
Discount on bonds payable |
5,000 |
|
|
Bonds payable |
100,000 |
|
|
b |
Cash |
95,000 |
|
Bonds payable |
95,000 |
|
|
c |
Bonds payable |
95,000 |
|
Cash |
95,000 |
|
|
d |
Cash |
100,000 |
|
Discount on bonds payable |
5,000 |
|
|
Bonds payable |
95,000 |