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Martinez Corp. issues 4800, 10-year, 8%, $1000 bonds dated January 1, 2020, at 97. The journal entry to record the issuance will show a O

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Martinez Corp. issues 4800, 10-year, 8%, $1000 bonds dated January 1, 2020, at 97. The journal entry to record the issuance will show a O debit to Discount on Bonds Payable for $144000. O debit to Cash of $4800000. O credit to Cash for $4656000, O credit to Bonds Payable for $4656000

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