Discount Pizza retires its 6% bonds for $53,000 before their scheduled maturity. At the time, the bonds have a face amount of $54,900 and a carrying value of $51,212. Record the early retirement of the bonds. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) 1 No Transaction 1 Bonds Payable > Answer is not complete. General Journal Debit Credit 54,900 3,688 53,000 Premium on Bonds Payable Cash