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Landings Glassware Company issues$1,150,000 of15%, 10-year bonds at 95 on February28, 2019. The bonds pay interest on February 28 and August 31. The journal entry

Landings Glassware Company issues$1,150,000 of15%, 10-year bonds at 95 on February28, 2019. The bonds pay interest on February 28 and August 31. The journal entry to record the issuance includes a________.

A. credit to Discount on Bonds Payable for$57,500

B. debit to Cash for$1,150,000

C. debit to Cash for$1,092,500

D. credit to Bonds Payable for$1,092,500

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