On January 1, 2025, Simon Services issued $26,000 of 3% bonds that mature in ten years. The bonds were issued at face value. The journal entry to issue bonds would be: Question content area bottom Part 1 A. Cash 26,000 Bonds Payable 26,000 B. Cash 26,780 Bonds Payable 26,000 Premium on Bonds Payable 780 C. Cash 26,780 Bonds Payable 26,000 Discount on Bonds Payable 780 D. Bonds Payable 26,000 Cash 26,000