g 2021 Question 6 of 17 -/1 View Policies Current Attempt in Progress On October 1, 2020 Swifty Corporation issued 4%, 10-year bonds with a face value of $6000000 at 104. Interest is paid on October 1...

Extracted text: g 2021 Question 6 of 17 -/1 View Policies Current Attempt in Progress On October 1, 2020 Swifty Corporation issued 4%, 10-year bonds with a face value of $6000000 at 104. Interest is paid on October 1 and April 1, with any premiums or discounts amortized on a straight-line basis. The entry to record the issuance of the bonds would include a credit of O $120000 to Interest Payable. O $240000 to Discount on Bonds Payable. O $240000 to Premium on Bonds Payable. O $5760000 to Bonds Payable. Save for Later Attempts: 0 of 1 used Submit Answer MacBook Air