Bonds with a face amount $1,000,000, are sold at 109. The entry to record the issuance is

Group of answer choices

Debit: Cash 1,000,000 Debit: Premium on Bonds Payable 90,000 Credit: Bonds Payable 1,090,000

Debit Cash 1,090,000 Credit: Bonds Payable 1,090,000

Debit: Cash 1,060,000 Credit: Premium on Bonds Payable 60,000 Credit: Bonds Payable 1,000,000

Debit: Cash 1,090,000 Credit: Premium on Bonds Payable 90,000 Credit: Bonds Payable 1,000,000