Mustang Company issued $100,000 of 10%, 10-year bonds at par. Each of the 100 bonds included five detachable stock warrants. Each warrant entitled the bondholder to purchase one share of common stock for $50. The market value of the common stock was $44 per share, and the market value of each warrant was $2 The journal entry to record the issuance of the bonds would include: Debit premium on bonds payable $1,000 Credit bonds payable $100,000 Debit cash S101.000 Credit equity - stock warrants $50,000