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Which entry the company uses to record the original issue

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problem 1: When purchasing a bond, the present value of the bond's expected net future cash inflows discounted at the market rate of interest provides what information about the bond?

A. Price.

B. Par.

C. Yield.

D. Interest.

problem 2: A company issues bonds at 98, with a maturity value of $50,000. The entry the company uses to record the original issue should include which of the following?

A. A debit to bond discount of $1,000.

B. A credit to bonds payable of $49,000.

C. A credit to bond premium of $1,000.

D. A debit to bonds payable of $50,000.

Reference no: EM132794611

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