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  3. samson enterprises issued a ten-year, $20 million

Samson Enterprises issued a ten-year, $20 million bond with a 10% interest rate for $19,500,000....

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Accounting

Samson Enterprises issued a ten-year, $20 million bond with a 10% interest rate for $19,500,000. The entry to record the bond issuance would have what effect on the financial statements?

A. Increase assets.

B. Increase liabilities.

C. Increase stockholders' equity.

D. Increase assets and liabilities.

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