20. The Miley Company issued $300,000 worth of face value bonds on June 1, 2020, and received only $270,000 cash. They only received that amount of cash because they are paying 5% interest on the bonds payable, but the market rate of interest for similar debt was 7%. The entry to record the issuance of the bonds payable would include: 000012 to otido A. a debit to Cash for $300,000 B. a credit to Discount on Bonds Payable for $30,000 212 C. a credit to Bonds Payable for $270,000 d. a debit to Discount on Bonds Payable for $30,000 1970 09210 0 00