Bonds with a face amount AED1,000,000, are sold at 97. The entry to record the issuance is Select one: O a. Cash 970,000 Discount on Bonds Payable 30,000 Bonds Payable 1,000,000 O b. Cash Premium on Bonds Payable Bonds Payable C. Cash Bonds Payable d. Cash Premium on Bonds Payable Bonds Payable 970,000 30,000 1,000,000 970,000 970,000 1,000,000 30,000 970,000