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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 …

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 …
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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

asked
User Sebastian Kaczmarek
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8.7k points

1 Answer

5 votes

Answer:debit

50000

Step-by-step explanation:

answered
User Liki Crus
by
8.5k points
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