A corporation issues fifty $1,000 face value 10% bonds payable at 97. Which of the following will be included in the journal entry to record the issuance of the bonds?

a. the entry will include a debit to cash for $48,500

b. the entry will include a credit to bonds payable for $47,500

C. the entry will include a debit to premium on bonds payable for $1500

d. the entry will include a debit to cash for $50,000