auum A company issues $50 million of bonds at par on January 1, 2018. The bonds pay 10% interest semi-annually on 12/31 and 6/30 and mature in 20 years. The journal entry when the bonds are sold is: Multiple Choice Cash Bonds Payable 50,000,000 50,000,000 50,000,000 5,000,000 Cash Interest Expense Bonds Payable Interest Payable 50,000,000 5,000,000 50,000,000 500,000 Cash Interest Expense Bonds Payable Interest Payable 50,000,000 500,000 Cash Interest Expense Bonds Payable 50,000,000 2,500,000 50,000,000