On January 1, 2020, Shefheld Corp. issued $4500000, 10-year, 4% bonds at 102. Interest is payable annually on January 1. The Journal entry to record this transaction on January 1, 2020 is Cash 4500000 Bonds Payable 4500000 Premium on Bonds Payable 90000 4500000 Cash Bonds Payable 4590000 Cash 4590000 Bonds Payable 4590000 Cash 4590000 Bonds Payable 4500000 90000 Premium on Bonds Payable