On October 1, 2010 Bartley Corporation issued 5%, 10-year bonds with a face value of $500,000 at 104. Interest is paid on October 1 and April 1, with any premiums or discounts amortized on a straight-line basis. The entry to record the issuance of the bonds would include a a. credit of $12,500 to interest Payable. b. credit of $20,000 to Premium on Bonds Payable. c. credit of $480,000 to Bonds Payable. d. debit of $20,000 to Discount on Bonds Payable