Bing Company issued 100 bonds ($1,000 each) at 103. What amount of cash did Bing receive on this bond issue? Select one: $100,000 $103,000 $97,000 $101,000 Bing Company issued 100 bonds ($1,000 each) at 103. What is the proper journal entry Bing should record on this bond issue? Select one: O Cash Cash Cash 100,000 Bonds Payable 100,000 103,000 Bonds payable 100,000 Premium on Bonds Payable 3,000 103,000 Bonds Payable 103,000 Cash 103,000 Bonds payable 100,000 Discount on Bonds Payable 3,000