Moving to another question will save this response. estion 7 Question 1 points Gulf Company issued bonds with a par value of $500,000 for cash of $530,000. What is the account's name and type representing the difference between par value and issue price? OA. A bond discount; a contra liability account. OB. A bond premium, an adjunct account. OC. A bond discount; a contra equity account. OD. A bond premium; a contra asset account Moving to another question will save this response. hp VHIND 198 LS &