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Bentwood Inc. issued, $100,000, 6%, 5 year bonds at 103. The journal entry that Bentwood Inc. would record for the issuance of the bonds would

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Bentwood Inc. issued, $100,000, 6%, 5 year bonds at 103. The journal entry that Bentwood Inc. would record for the issuance of the bonds would include a: O Credit to Bonds Payable for $103,000. Debit to Premium on Bonds Payable for $3,000. Credit to Bonds Payable for $100,000. Debit to Cash for $100,000. O Both A and B

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