Frederick Company issued a bond for $4,000,000 at 6% for 6 years, the journal entry to retire or redeem the bond at maturity is Debit cash $4,240,000 credit Bonds Payable $4,240,000 Debit cash $4,000,000 credit Bonds Payable $4,000,000 Debit Bonds Payable $4,240,000 and credit cash $4,240,000 Debit Bonds Payable $4,000,000 and credit cash $4,000,000