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Question 6 5 points Save Answer What is the journal entry to record the issuance of $100,000 face amount of 10% bonds for $95,000 cash?

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Question 6 5 points Save Answer What is the journal entry to record the issuance of $100,000 face amount of 10% bonds for $95,000 cash? A. Dr. Cash 95,000 Cr. Discount on Bonds Payable 5000 Cr. Bonds Payable 100,000 B. Dr. Bonds Payable 100,000 Dr. Premium on Bonds Payable 5000 Cr. Cash 95,000 C. Dr. Cash 95,000 Cr. Bonds Payable 95,000 D. Dr. Bonds Payable 95,000 Cr. Cash 95,000 E. None of the above

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