When a bond issued at face value is retired what is the journal entry
A. Debit bond interest expense; credit cash
B. Debit bonds payable; credit cash
C. Debit cash; credit bonds payable
D. Debit cash; credit bond interest expense
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Home » Business » When a bond issued at face value is retired what is the journal entry A. Debit bond interest expense; credit cash B. Debit bonds payable; credit cash C. Debit cash; credit bonds payable D. Debit cash; credit bond interest expense