Knapp Development's trial balance shows $155,000 face value of bonds with a discount balance of $1,800. The bonds mature in 10 years. How will the bonds be presented on the balance sheet? A. Bonds payable $155,000 will be listed as a long-term liability. A $1,800 discount on bonds payable will be listed as a current liability. B. Bonds payable $155,000 will be listed as a long-term liability. A $1,800 discount on bonds payable will be listed as a contra current liability. C. Bonds payable $155,000 will be listed as a long-term liability. D. Bonds payable $153,200 (net of $1,800 discount) will be listed as a long-term liability