Content Area The journal entry a company uses for the interest payment and amortization of bond premium would include a a. debit to Interest Expense and Premium on Bonds Payable and a credit to Cash b. debit to Interest Expense and a credit to Interest Payable and Premium on Bonds Payable c. debit to Interest Expense and a credit to Cash d. debit to Interest Expense and a credit to Cash and Premium on Bonds Payable