On April 1, 20X6, Owen issued $100,000 of 12%, 10-year bonds. The bonds were issued

at par plus accrued interest, are dated January 1, 20X6, and pay interest on July and

January 1. The entry to record issuance of the bonds will include

A. a debit to Cash of $103,000.

B. a credit to Bonds Payable of $103,000.

C. a credit to Interest Income of $3,000.

D. All of the above.

E. None of these