2 On January 1, 2022, Carter Corporation issued $5,000,000, 10-year, 8% bonds at 102. Interest is payable annually on January 1. The journal entry to record this transaction (bond issuance) is: a. Cash. Bonds Payable b. Cash. Bonds Payable 5,000,000 5,000,000 5,100,000 5,100,000 c. Premium on Bonds Payable Cash...... 100,000 5,000,000 Bonds Payable. 5,100,000 d. Cash.. 5,100,000 Bonds Payable. 5,000,000 Premium on Bonds Payable 100,000