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  3. 2 1 point stu company retired at maturity a $1,000

2 1 point STU Company retired at maturity a $1,000,000 bond that was originally issued...

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Accounting

2 1 point STU Company retired at maturity a $1,000,000 bond that was originally issued at 102. The transaction to record the retirement would include a decrease to cash of $1,000,000 decrease to bonds payable for $1,020,000 increase to interest expense of $20,000 decrease to premium on bonds payable of $20,000

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