Nickle Industries needs to raise capital for expansion purposes. Management is considering issuing $1,000,000 of 7.5%, 20-year bonds dated June 1, 2020 with interest payment dates of December 1 and June 1. Nickle's year-end is December 31. The entry to record the issuance of the bonds at maturity value plus accrued interest on August 1, 2020, includes a O A. debit to Cash for $1,000,000 O B. credit to Bonds Payable for $1,012,500 O C. debit to Interest Expense for $37,500 O D. credit to Interest Payable for $12,500