QUESTION 21 "Gorman and Sons issues $430,000 of 7%, 10-year bonds at 104 on March 31, 2019. The bonds pay interest on March 31 and Sept company uses the straight-line method for amortization. The journal entry to record the issuance includes a "credit to Bonds Payable for $447,200 "debit to Cash for $430,000" "debit to Premium on Bonds Payable for $17,200" "debit to Cash for $447,200