Suffolk Corporation issued $92,000 of 20-year, 6 percent bonds at 98 on one of its semiannual interest dates. The straight-line method of amortization is to be used. The entry to record the bond interest expense on the next interest payment date is:
A) Bond Interest Expense 2,806 Unamortized Bond Discount 46Cash 2760
B) Bond Interest Expense 5,520 Unamortized Bond Discount 520Cash 5000
C) Cash 5,566 Unamortized Bond Discount 5,566
D) Bond Interest Expense 2,760 Cash 2,760
A
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