Kwancom Corporation, a calendar-year firm, is authorized to issue $300,000 of 8 percent, 15-year bonds dated January 1, 2019, with interest payable on January 1 and July 1 of each year. The market rate on the date of issuance was 10% and the bonds were issued at $253,883. The entry to account for the discount amortization and accrual of interest on July 1, 2015, would include a: Debit to Premium on Bonds Payable Debit to Cash Credit to Discount on Bonds Payable Credit to Interest Payable Debit to Bonds Payable