On April 1, 20X6, Owen issued $100,000 of 12%, 10-year bonds. The bonds were issued at par + accrued interest, are dated January 1, 20X6, and pay interest on July and January 1. The entry to record the issuance of the bonds will include:

A debit to cash of 103,000

A credit to bonds payable of 103,000

A credit to interest income of 3,000

None of these

A credit to cash of 100,000