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On January 1, Parson Freight Company issues 8.5%, 10-year bonds with a par value of $3,800,000. The bonds pay interest semiannually. The market rate of interest is 9.5% and the bond selling price was $3,541,787. The bond issuance should be recorded as: Multiple Choice O Debit Cash $3.800,000: credit Bonds Payable $3.800.000. O Debit Cash $3,541,787: credit Bonds Payable $3.541787. Debit Cash $3,800,000 credit Bonds Payable $3,541,787; credit Discount on Bonds Payable $258,213. o Debit Cash $3,541,787, debit Discount on Bonds Payable $258.213: credit Bonds Payable $3,800,000. o o O Debit Cash $3.541,787: debit Interest Expense $258,213; credit Bonds Payable $3,800,000. Adonis Corporation issued 10-year, 7% bonds with a par value of $130.000. Interest is paid semiannually. The market rate on the issue date was 6%. Adonis received $139,674 in cash proceeds. Which of the following statements is true? Multiple Choice O Adonis must pay $130,000 at maturity plus 20 Interest payments of $4.550 each. Adonis must pay $130,000 at maturity plus 20 Interest payments of $3.900 each. O Adonis must pay $130,000 at maturity and no interest payments. O Adonis must pay $139,674 at maturity and no Interest payments. Adonis must pay $139,674 at maturity plus 20 Interest payments of $4,550 each