4. One thousand bonds, with a face value of $1,000 each, are sold at 103. The journal entry to record the issuance is:

	A) Cash $ 1,030,000 Bonds Payable $1,030,000
	B) Cash $1,030,000 Premium on Bonds Payable $30,000 Bonds Payable $1,000,000
	C) Cash $970,000 Discount on Bonds Payable $ 30,000 Bonds Payable $1,000,000
	D) Cash $1,000,000 Discount on Bonds Payable $30,000 Bonds Payable $970,000
	None of the above