Hutton Corporation issued $100,000 of 7%, 15-year bonds on June 1, 20X6 (dated April 1
20X6) at 101 plus accrued interest, which is paid on April 1 and October 1. The proper
entry to record issuance of the bonds includes a debit to Cash for:
A. $100,000.
B. $101,000.
C. $101,167.
D. $102,167.
E. None of these.
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