Assume a $60,000 face value bond is retired early for 95% of face value. At the time of early retirement, the bond has a book value of $58,579. The journal entry to record the early retirement of this bond will contain a...

Question 9 options:

	Credit to Bonds Payable of $60,000
	Debit to Bonds Payable of $57,000
	Debit to Bonds Payable of $60,000
	Credit to Bonds Payable of $57,000