On January 1, 2021, DEF Corporation issues $4,000,000, 5-year, 9% bonds at 94. Interest is paid semiannually on January 1 and July 1. What is the entry to record the issuance of these bonds on January 1, 2021?

Question 28 1 pts On January 1, 2021, DEF Corporation issues $4,000,000, 5-year, 9% bonds at 94. Interest is paid semiannually on January 1 and July 1. What is the entry to record the issuance of these bonds on January 1, 2021? debit Cash for $3,760,0000; credit Discount on Bonds Payable for $240,000; and credit Bonds Payable for $4,000,000 debit Cash for $4,000,0000 and credit Bonds Payable for $4,000,000 debit Cash for $3,760,000; debit Discount on Bonds Payable for $240,000; and credit Bonds Payable for $4,000,000 debit Cash for $3,760,000, debit Premium on Bonds Payable for $240,000; and credit Bonds Payable for $4,000,000