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When the market rate is 8%, a company issues $50,000 of 9%, 10-year bonds and pay interest semiannually. When the bonds mature, the issuer records its payment of principal with a (debit/credit) _______
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Oct 9, 2023
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When the market rate is 8%, a company issues $50,000 of 9%, 10-year bonds and pay interest semiannually. When the bonds mature, the issuer records its payment of principal with a (debit/credit) _______ to Cash in the amount of $______credit;60,000
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Answer:debit
50000
Step-by-step explanation:
Liki Crus
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