If Horton Micro Chip Company issued another new bond of 100 of its 5-year, 8% bonds at par, the following entries would be required : Group of answer choices

A) Bond Payable 100,000

Cash 100,000

B) Cash 103,000 Premium on Bonds Payable 3,000 Bonds Payable 100,000

C) Cash 103,000 Interest Payable 3,000 Bonds Payable 100,000

D) Cash 100,000

Bond Payable 100,000