Multiple Choice Question 80 5600 bonds with a face value of $1000 each, are sold at 105. The entry to record the issuance is Cash 5880000 Bonds Payable 5880000 Cash 5880000 280000 Premium on Bonds Payable Bonds Payable Cash Premium on Bonds Payable 5600000 5600000 280000 Bonds Payable 5880000 Cash 5880000 280000 Discount on Bonds Payable Bonds Payable 5600000