Landings Glassware Company issues

$ 1 comma 041 comma 000$1,041,000

of

99%,

10minusyear

bonds at

9595

on February 28, 2019. The bonds pay interest on February 28 and August 31. The journal entry to record the issuance includes a ________.

A.

credit to Bonds Payable for $ 988 comma 950$988,950

B.

debit to Cash for $ 988 comma 950$988,950

C.

debit to Cash for $ 1 comma 041 comma 000$1,041,000

D.

credit to Discount on Bonds Payable for $ 52 comma 050