10 ut of On January 1, 2017, a Company issued $5,000,000, 10-year, 8% bonds for $5,150,000. Interest is payable semiannually on January 1 and July 1. The journal entry to record this transaction on January 1, 2017 is Select one: O A. Premium on Bonds Payable Cash Bonds Payable. 150,000 5,000,000 5,150,000 B. Cash 5,150,000 Bonds Payable 5,150,000 O C. Cash 5,150,000 Bonds Payable Premium on Bonds Payable D. Cash 5.000.000 5,000,000 150,000 Time left 2:37:15 Question 11 Not yet answered Points out of 3.33 Flag question If the market interest rate is 10%, a $10,000, 12%, 10-year bond, that pays interest semiannually would sell at an amount Select one: A. that cannot be determined. B. greater than face value C. equal to face value. D. less than face value